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Market Overview
US-China Trade Agreement Remains Valid
Friday was a day marked by an appetite for risk. Apparently there was a call between the main Chinese and American negotiators to facilitate the implementation of phase 1 of the trade agreement between the two countries.
In particular, the Stoxx 600 - the European benchmark index - rose by 0.91%. In the United States, the Dow Jones index grew by 1.91% while the S & P500 index appreciated by 1.69% and the Nasdaq index rose by 1.58%.
In the debt market, North American yields depreciated, while in the Eurozone they ended up rising.
In the foreign exchange market, it was possible to observe the US Dollar losing strength as a result of the appetite for the perceived risk.
Crude oil, on the other hand, has stabilised at $ 22 a barrel at a time when expectations of increased future demand has led to a notable recovery in the price of a barrel.
Regarding gold, it appreciated on Friday and then stabilised.
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