Yesterday turned out to be a day marked by an aversion to risk resulting from Donald Trump's statements. The American president revealed that the next two weeks would be very complicated for the country as this announcement flooded the markets with some apprehension.
Equity markets suffered significant declines, having fallen more in the United States than in Europe. In particular, the Dow Jones index fell by 4.4% while the S&P 500 and Nasdaq indexes both depreciated by 4.41%.
Debt yields also performed differently in the two regions, where it was possible to observe an increase in Europe and a decrease in the United States.
The Euro has been losing strength while the US Dollar has appreciated in recent days a lot due to its characteristic as a vehicle currency.
Crude oil also rose substantially at the end of yesterday, largely as a result of statements by Donald Trump that said that an agreement between Russia and Saudi Arabia may be possible.
Gold continues with an undefined trend, where normal correlations are not likely to be observed.
Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.94% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
© 2011-2022 Teletrade-DJ International Consulting Ltd
Teletrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.
The company operates in accordance with the Markets in Financial Instruments Directive (MiFID).
The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. Teletrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.
TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.
Teletrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.