Congratulations, we’ve made it through 2020! This eventful year is almost over. Let’s take a moment to look back and recall its key events.
It’s difficult to
even start to comprehend how much this expiring year has changed our lives. We
are all wearing masks and washing our hands several times a day now. If someone
told us back in 2019, that we wouldn’t be able to travel or even leave our house,
we would laugh in their face. But we did face the lockdown and spent several
months self-distancing, in isolation.
But apart from the
much-hyped coronavirus, what other key events are worth considering? We believe
that there were more…
The new corona-virus that originated in China and swept the world has attracted the attention of most people, it had influence on the trend of many financial assets at the same time. Then what is the relationship between different financial assets and the plague?
- Stock indices and individual stocks. As far as the stock index is concern, the essence of stock indices is “multiple stocks in each industry / local currency”. We have noticed that many funds call for “the world belongs to the optimists” and “buy stocks”, but they are not really optimists. During epidemics or wars, the purchasing power more…
The pair, probably, laid to the floor. Yesterday EURUSD stabilized around 1.1260 level, and it continues to trade there today. Hesitations of market participants can be explained: they do not have ideas for the further trend development or drastic break of growth to the decline side. Meanwhile, nobody wants to run into the future since the weekend will bring too many official multinational meetings. IMF will report in Washington its vision of world economy (Analytical chapters of the report were published a week ago). As well we can wait for the cooperative announcements from G20 that will meet during Summit. Moreover, more…