Black Swan Event A Black Swan is an unpredictable event and mostly out of the norm. It usually causes a domino effect (negative) in the market, sometimes even a catastrophe. In general, a Black Swan event has to fulfil these three conditions: it happens unintentionally; it creates a significant impa

Affected by coronavirus outbreak, the global market has experienced a turbulent week: oil prices have plummeted and the stock market has slumped, which reminds many people of the situation when the financial crisis broke out in 2008, and some even predicted that a new round of global financial crisi

This week is destined to be a week in history. On Monday, the global market suffered a "Black Monday": oil prices fell by 30%, the second time in the history of U.S. stocks triggered the circuit breaker, the coronavirus outbreak and oil prices - two "black swans" have caused the sharp rise of risk a

EUR/USD stays below two-week-old trend line, which was broke the previous day. The weekly descending trend line also favors the bears. Having breached a short-term support line, now resistance, EUR/USD seesaws takes rounds to 1.1270 during the Asian session on Thursday. The pair recently took clues

President Trump addressed the nation a few moments ago. It was not a reassuring moment. President Trump was clearly rattled and nervous as he addressed the nation tonight regarding the coronavirus. Trump banned all travel from Europe, except the UK, starting travel. This seems to apply to shipments

The UK unveiled a double-barreled fiscal and monetary policy response Wednesday but it didn't help sterling or the FTSE 100. The yen was the top performer while the pound lagged. US indices joined the DAX in reaching the definition of a bear market by extending losses to 20% from their record highs.