On Friday, it was possible to observe a great aversion to risk taking place in the markets. At its origin was the growing tensions between China and the United States, at a time when the US president Donald Trump intensified his declarations that the origin of the virus was something manufactured by the Chinese.
US stock markets fell sharply, with the Dow Jones index down by 2.55% while the Nasdaq index fell by 3.20% and the S&P500 index closed the day with 2.81% less than on Thursday. In Europe, most exchanges were closed.
In the debt market, there was a greater demand for public debt, causing American yields to fall. In the foreign exchange market, the American currency suffered a sharp drop as a result of the "sell-off " observed during the day.
Crude oil, on the other hand, was recovering for much of the day, quoting close to $15 a barrel.
In relation to the "yellow metal", it appreciated, true to its normal correlation with a market feeling an appetite for risk.
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