On Friday, the market sentiment was of an appetite for risk. The U.S. Treasury Secretary Steven Mnuchin said on Thursday that the government is considering implementing a second round of subsidies to Americans as part of an economic aid package that the Congress will study next month.
The stock exchanges appreciated and in the United States, the Dow Jones index grew by 1.90% while the S&P500 index appreciated by 1.31% and the Nasdaq index rose by 1.01%. In the Eurozone, its benchmark index - Stoxx 600 - closed in green with over 0.28%.
In the debt market, yields ended up rising, which is also characteristic of a typical risk appetite day.
Oil has prolonged declines with continued fears about the latest increase in Covid-19 cases in the U.S. and a possible second wave of infections. Futures closed lower on Friday for the first time in seven weeks.
Gold was falling yesterday - so it was faithful to its normal correlation with market sentiment.
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