PRESS ROOM
VIX drops as equity markets rally
Thursday 11th February '21
Following its short and sharp spike at the end of January driven primarily by speculative trading activity, the CBOE Volatility Index has dropped to around 21 as of 10 February. In February, equity markets have been buoyant due to rising hopes of a pandemic recovery in the coming months as vaccine data continues to lift sentiment. The large US fiscal stimulus introduced by President Biden and currently being debated by the Congress is also raising the expectation of a robust economic recovery in the year ahead.