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The US and Australian markets are officially in correction, down more than 10% since last month's highs. With investments banks' calls to 'buy the dip' fading, it looks like we've got some way to go with volatile market performance. Commodities are showing some resilience, with gold surpassing US$3000 for the first time ever. Securities mentioned: GraniteShares Gold Trust, Apple, Nvidia, Microsoft
By Moomoo Australia & New ZealandThe US and Australian markets are officially in correction, down more than 10% since last month's highs. With investments banks' calls to 'buy the dip' fading, it looks like we've got some way to go with volatile market performance. Commodities are showing some resilience, with gold surpassing US$3000 for the first time ever. Securities mentioned: GraniteShares Gold Trust, Apple, Nvidia, Microsoft