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European Open: The week begins with an extension of risk-off

Asian markets and commodity FX led the way lower overnight as traders continued fret over the potential for a global recession.

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May 9, 2022 05:56 AM

Risk-off returns as Moderna CEO makes glum prediction

An article in the Financial Times triggered a fresh round of selling before the European open, as Moderna’s CEO predicts vaccines will be less effective.

Volatility is coming and stock could be at risk

The Vix has risen sharply on Tuesday and is close to its highest level since June. After supressed volatility for most of October, see figure […]

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