The main market drivers - Ester Holdings

The main market drivers

Monday’s low-key trading was very volatile thanks to optimistic statements that boosted optimism in the market. So, at the start of the day it became known that the EU would give Britain a postponement of Brexit until January 31. Another reason for the growth of optimism was the by the US President D. Trump statement about the progress in the US – China trade talks, an agreement on which could be signed in the near future.

As a result, optimism on the stock exchanges and demand for risky assets sharply increased, increasing the pressure on the safe haven currencies. The US dollar index remained very restrained, limited by correction against Friday.

Fig. US dollar index chart. Current price – 97.80 (10-year US government bonds yield – blue line)

Read also: “Stock indices are ready to renew a historical high”

Andre Green


Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

  1. Aggravation of the US – eurozone trade tension 
  2. USD/CNY – an indicator of the progress of the US – China trade relations 
  3. What to expect from the Bank of England in the face of a tough Brexit

Current Investment ideas:

  1. One more opportunity to earn in October! Sell ​​#CAT shares now!
  2. Several reasons to buy Cisco Systems, Inc. shares in October. Let’s earn Together!
  3. Technology giant Microsoft is getting ready to storm new highs! Let’s make money on it!

Аналитическая рассылка

分析 交貨
签署每日早晨分析报告,首先了解最重要的市场活动!

Вы с украины?