PRESS ROOM
Sharp decline in the ‘fear index’ signals equity market optimism
Friday 28th May '21
The Chicago Board Options Exchange (CBOE) Volatility Index has dropped to around 17 (as of 26 May) after spiking to around 28 earlier in the month. Most major equity indices have been steadily positive during the month of May, apart from the tech heavy NASDAQ Index. As of 26 May, the Morgan Stanley Capital International (MSCI) All Country World Index (ACWI) Index was up just over 1% while the NASDAQ Index was down 1.5% as inflation concerns still loom over the tech sector.