Yesterday was marked by a great variation of feeling throughout the day. The market sentiment that eventually prevailed was risk aversion with the possibility of a second wave of concern for investors.
In the United States, the Dow Jones index fell by 1.89% while the S&P500 index fell by 2.05% and the Nasdaq index depreciated by 2.06%. On the European side, its benchmark - Stoxx 600 - gained 0.26%.
In the debt market, yields ended up falling, this being a normal correlation on a day of greater risk aversion.
In the foreign exchange market, on the other hand, it was possible to observe that the US Dollar was losing strength throughout the day, with no increase in demand - that would be expected in a day of negative market sentiment.
Regarding crude oil, it has been stabilising at around 23 dollars per barrel. The "black gold" is likely to be suffering from a selling force as the United States has cut its demand forecasts.
With regards to gold, it has been without a well-defined trend.
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