Monday was another positive day for global equities and US
indices were up 1%, while EU benchmarks surged more than 1% during the US
session. However, indices were down notably from overnight highs reached during
the Asian session as some profit taking hit the markets in the afternoon.
Equities soared across the globe on Monday as Trump and Xi
managed to calm the markets at their weekend meeting with a 90 days truce in
their trade conflict. The White House said on Saturday that Trump had agreed
to leave tariffs on US products at a 10 percent rate after January 1, as
China agreed to buy a substantial number of products from the US.
However, if the new trade deal is not completed within the
next 90 days, the tariffs may be upped to 25 percent as previously ’promised’.
Traders took this news very positively and stocks shot higher, with US yields
also pushing up.
Moreover, the US economic calendar brought some important
data, such as the ISM survey from the manufacturing sector for the month of
November and it jumped to 59.3, up from 57.7 in the previous month. Analysts
had expected a slowdown to 57.5. However, the prices paid subindex crashed from
71.6 to 60.7, implying inflation pressures have deteriorated notably in
November.
Gold also surged on Monday, while the dollar was sold most aggressively
against the commodity-linked currencies.
Disclaimer:
Analysis
and opinions provided herein are intended solely for informational and
educational purposes and don't represent a recommendation or an investment
advice by TeleTrade. Indiscriminate reliance on illustrative or informational
materials may lead to losses.
©2000-2024. Todos los derechos reservados.
El sitio es administrado por Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
La información presentada en el sitio, no es una base para tomar decisiones de inversión y es proporcionada sólo con fines informativos.
La empresa no atiende ni presta servicio a clientes residentes en Estados Unidos, Canadá y los países incluidos en la lista negra del FATF.
La realización de operaciones comerciales en los mercados financieros con instrumentos financieros de margen, abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a comercializar, se debe tomar de manera responsable a la cuestión de elegir la estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.
Uso de información: al usar completamente o parcialmente los materiales del sitio, el enlace a TeleTrade como fuente de información es obligatorio. El uso de materiales en Internet debe ir acompañado de un hipervínculo al sitio teletrade.org. Importación automática de materiales e información del sitio está prohibida.
Para cualquier duda o pregunta, póngase en contacto con pr@teletrade.global.