Yesterday it was possible to observe some aversion to the risk to be present in the markets. Expectations regarding the poor results that may arise in this earnings season, ended up translating into a drop in the main world stock indexes.
In particular, the S & P 500 and the Dow Jones fell while the technological Nasdaq ended up being the exception with just a value r. In Europe, markets were closed and therefore volatility was reduced.
In the debt market, US yields ended up falling, revealing normal behavior in a day of risk aversion.
Crude oil, on the other hand, continues its downward trend after the markets have been incorporating a greater cut in supply than that which was actually hit. The markets were expecting a reduction of 20 million barrels per day while the agreement was 9.7 million and could eventually reach 15 million barrels.
The "yellow metal" has been rising with the last days of greater appetite for risk and the recovery of stock markets, thus offsetting the large losses at the beginning of March.
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