Over the past several weeks, gold, which is arguably the most popular safe-haven asset in the world, has undergone through a remarkable surge in volatility due to the underlying changes in demand for the precious commodity. Its price has risen in line with the exponentially increasing uncertainty from the coronavirus pandemic, which continues to plague the global capital markets. [...]

Over the past several days, the turmoil in the global financial markets has increased tremendously. With the price of crude oil falling below $0 per barrel for the first time ever, the uncertainty grappling Wall Street ever since the start of the coronavirus pandemic has become an even bigger issue for investors who were left perplexed by the uncharted course the global economy is currently threading on. [...]

The German DAX index, which is among the leading stock indices in Europe, has appreciated by almost 7 per cent in April and has advanced by more than 16 per cent altogether since the bottom of the market rout was reached at 8440 points on the 18th of March. Before that, the index had contracted by more than 5000 points as the novel coronavirus swept through Germany and elsewhere. [...]

Gilead Sciences Inc. is an American biotech company listed on the S&P 500, with a market capitalisation of almost 94 billion dollars. The company is also one of the frontrunners in the race to develop medical treatment for COVID-19, which is the disease caused by the novel coronavirus SARS-Cov-2. [...]

The US dollar has been at the centre of traders and investors’ interest over the last few months as the global markets were rattled by the increasingly more volatile economic turmoil that is caused by the coronavirus pandemic. The greenback has once again taken the role of a global safe-haven asset, as individuals all over the world scrambled to hedge the risks they are facing from the ongoing market uncertainty. [...]

JPMorgan Chase & Co. is the biggest bank in the US with a prominent role in the S&P 500 index, which makes it not only one of Wall Street’s flagships, but also an integral component in the American financial system as a whole. That is why its quarterly earnings reports are so highly anticipated by so many investors, who perceive JPM’s data as a gauge for the performance of the entire financial industry. [...]

The GBPCAD has been consolidating in a narrow range over the past several days due to the massive uncertainty that is weighing down on the global markets. The current situation is quite volatile, and as a result of that, the price action on the currency pair has become overly erratic due to the swiftly changing underlying market sentiment. [...]

The price action on the EURJPY pair has been fluctuating erratically over the last several trading days as the global developments keep affecting the underlying market pressures. The seemingly endless string of developments in the Eurozone and Japan has prompted massive upsurges followed by sudden plunges in the underlying price action, which has already confused many traders. [...]

Coffee futures are currently trading at the lower end of a major bearish trend, which prompts some market analysts to expect the underlying market sentiment to change soon. The price action has already broken out above a few key resistance levels, which some traders perceive as early indications suggesting the increasing bullish commitment in the market. [...]

Australia and New Zealand were the first advanced economies after China to be hit by the coronavirus’ economic fallout, as the outbreak was on its way to becoming a global pandemic at the start of last month. That is so because of their massive dependency on trade with China, which only recently started lifting off its restrictions as the COVID-19 epidemic started to subside. [...]