Since the beginning of the session there has been a negative sentiment on the stock market, with every hour the falls are getting deeper and deeper. The market shows a sentiment of risc off, capital is moving towards safe assets. The European major indices are closed and the provisional closes are not looking good. The major indices are all beaten down by 2%-3% declines.
- German DAX falls -2.5%, france's CAC -2.9%
- Gold prices remain elevated at plus $21.50 or 1.45% at $1500.50
- Severe falls in the USA, S&P 500 index drops over 2%
Will Powell remain hawkish❓
Market story: Valentine's Day has never been so expensive? The prices of coffee, chocolate and gold are at an all-time high
Will the ECB be forced to follow the Fed?
❗BREAKING: Jerome Powell at Jackson Hole (LIVE)