After Christmas, stock indexes and prices of oil went up rapidly

2018-12-27 12:03:06
Machine translation
After Christmas, stock indexes and prices of oil went up rapidly

for a Long period of falling equity markets and oil after Christmas was replaced by growth.

 

So, the S&P 500 up 5%, Dow Jones by 5%, the NASDAQ up 5.8%, and the price of oil Brent crude jumped by 9% and returned to 54.3 $/barrel

 

growth markets as of the previous fall, again it was extremely political.

 

last week, the markets crushed the rumors about the intention of the President to dismiss the head of the fed and the Minister of Finance, as well as restrictions of government work because of the reluctance of Congress to allocate funds for the construction of the wall on the border with Mexico.

 

However yesterday the representative of the presidential Administration assured that the fed will not fire. A review of the trump that the fall in stock markets provides an excellent opportunity to buy shares, investors took it as a direct allusion. In addition, it became known that in early January, the U.S. delegation will continue trade talks in Beijing. All this gave additional impetus to the markets for growth.

 

Interestingly, futures for agricultural products moved in the opposite direction to the movement of stock prices and indices. If on Christmas eve, when indices and stocks fell, the futures showed growth yesterday amid a sharp rise in the price of oil, stocks and indices, futures on soybeans, wheat and corn fell 0.5-1%. The reason for the decline was the repositioning of speculators in the stock markets are actively growing. Today, the grain markets will grow after the prices for oil with the support expectations of successful negotiations with China and boost exports of soybeans and corn in that direction.

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