Falling sentiments on Wall Street support another upside move in CBOE Volatility Index (VIX) and GOLD, as markets 'prepare for the unknown' effect from Trump tariffs, rising yields and historically high stock market valuations.
- Demand for safe haven assets and mixed picture of recent macro readings from the US support gold, while sell-off on Wall Street drives VIX higher amid volatility hedging strategies
- GOLD gains 0.6% today despite strong US dollar. At the same time US yields fell from 4.72% to 4.68% today, after Fed Waller remarks, who signalled that US inflation is on track to 2%, while inflationary effects from tariffs are not guaranteed.
Source: xStation5
VIX surges another 5% today, as US500 loses 0.6%. As we can see below, previous upswings sometimes ended in 1:1 pattern. If this happens again, VIX may rise to appx. 19.2 or higher.
Source: xStation5
Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)
Three markets to watch next week (20.03.2026)
The bond vigilantes are after the UK once more
Market Wrap: European Stocks Bounce Back as Oil Nears USD 110
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
