Yesterday was marked by a substantial aversion to risk. Fears of a possible second wave of the virus, as well as the statement from the Federal Reserve's (Fed) chief Jerome Powell in which he referred to a slower-than-expected economic recovery, prompted sharp declines in stock indexes.
In the United States, the Dow Jones index lost 2.17% while the Nasdaq index depreciated by 1.55% and the S&P500 index fell by 1.75%. In Europe, its reference index - Stoxx 600 - closed at red with 1.95% less.
In the debt market, yields ended up falling a little across the world, well reflecting the aversion to risk that has been felt.
In the foreign exchange market, the Dollar has been recovering against market sentiment.
Crude is quoting at 24 US Dollars per barrel, with investors optimistic about production cuts undertaken by some of the biggest worldwide producers.
Gold, seen as a safe asset whose demand tends to increase in days of more risk aversion , remains without a well-defined trajectory.
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