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Showing 11 - 20 of 120 results for "VIX Index"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... were even more workers out of work that month - 870K versus the initial estimate of 701K. To top these all, the CBOE VIX index - the fear gauge - has fallen to a reading of 27.98 on the day which is the lowest reading since 26 February this year (two ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... in the month of March - the steepest monthly decline since January 1946. Still, there's reason for optimism. The VIX index - the fear gauge - has come down from a record high of 82.69 in March (higher than its GFC peak) to around 45.41 (lower than ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... to hide. Everywhere you look, there's gloom and... there's doom. Financial markets are running scared - the VIX index jumped by 40% overnight to a reading of 75.47 - the highest since the 80.86 reading way back in November 2008 in the aftermath ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
... other media organisations by printing the gloomiest and doomiest headline of them all. But it's working. The CBOE VIX index - the fear gauge - jumped to a reading of 40.1 at the close of last Friday's trading - the highest since 2011. Most global ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... Dow to minus 5.5%. As the old saying goes: "When Wall Street sneezes, the rest of the world catch a cold". The CBOE VIX index has risen by 100% this year, suggesting that fear has doubled since the opening trade of this year. To put that in perspective ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... markets around the world, from New York to Rio and ol' London town. The financial markets' fear is palpable. The VIX index - the "fear gauge" - jumped to reading of 18.23 overnight from this year's low of 12.10 - recorded immediately after ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... indications from the Markit PMI surveys that the contraction in global manufacturing activity has bottomed. As such, the VIX index - the fear gauge - has dropped from this year's high of 24.59 in August to a reading of 11.75 overnight. This was around ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... Russell 2000 (1.35%). Meanwhile, 10-year US bond yields closed at 2.14% - the lowest since January this year - and the VIX index jumped by 18.2% on the day. Wall Street's reaction is to be expected particularly given Trump's latest bombshell ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... diving by 3.4% overnight. Ten-year US Treasury bond yields declined by 5 bps to 2.4% - its lowest level since March. The VIX index (the fear gauge) jumped by 28.1% to a reading of 20.55 - its highest level since early January. Suddenly, the IMF's ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... too slowly, as they attempt to renegotiate. No!" the combined tweets read. As a result, volatility spiked. The CBOE VIX index jumped by as much as 46.1% before closing 20.0% higher on the day. There was blood in the equity markets with most benchmark ...