Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
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USD/LKR291/292
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Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Global fear surged reflecting Volatility index VIX hits highest since 2011

Global IndexesMar 3, 2020
Global fear surged reflecting Volatility index VIX hits highest since 2011
Cboe Volatility Index, better known as VIX which measures the risk of the market and called a “fear gauge” has peaked. As the virus spread, the VIX soared. Stocks plunge in the worst sell-off in years. All the MSCI indexes across the globe have fallen down miserably so far this year. US 10 Treasuries attracting funds and yields down below 1.00% (0.962%), Gold and silver prices are higher in early U.S. futures trading Tuesday. The crude oil price fell fearing global economic slowdown.

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