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The Volatility Index is currently up 35%. Here are largest 1-day VIX spikes...

00:01 - 25/02/20

A third regional Fed factory gauge picked up in February, adding to signs that manufacturing had been stabilizing before the coronavirus outbreak intensified beyond China

The UK is a big outlier in this respect. Home bias has reduced from 70% in the late 1990s to less than 20% today

2020: The Year of the African Trade Boom