The virus is furious in all countries. When will it end?

Morning Stock News

Gold   1600,88
(-0,61%)

EURUSD   1,0906
( +0,23%)

DJIA  20835
(-1,43%)

OIL.WTI  24,10
(-1,07%)

DAX   9801,75
(+ 0,01%)

Well, we’ve been waiting. On Wednesday, all the world markets are growing.Apparently, investors have realized that people can adapt to extreme situations very quickly, and investors adapt even faster. The U.S. and European markets began to buy back the shares of leading companies.


Chart of the day EUR/USD
Chart of the day EURUSD

S&P500 index is up 4%, DAX index is up 2%. It is a completely new challenge for the world economy when countries simply stop work, stop production and stay at home. Nobody knows how much such actions can affect the global economy. While the Fed and the EU have started to have a positive impact on markets, the trend is changing for growth, but for how long if the economy is almost dead?


Euro

On the optimism of coronavirus treatment in Europe, the euro starts to grow against the background of good statistics from the European Union. The European Union is at a crossroads. There’s a rift in society and values between states. Everyone makes their own decisions and thinks it’s right. Nobody knows how much it will affect the current situation. On Tuesday, the euro rises and even breaks through the 1.08 level.


Gold

Due to very serious optimism of investors, the gold was even on sale on Tuesday. Although, given the global situation, the replacement of gold for the stock market, which is about to fall down again looks very interesting. We think that the market will soon choose a direction for further action. The main thing is that in a crisis situation we try to exclude speculative deals for the sake of a one-time profit. Gold will still go up because of any less serious news on economic problems.


Pound Sterling

Yes, it’s a currency that’s been respected for a very long time. And now that the UK is having very serious problems with Brexit as well as isolation, many people think that the currency is over. The UK has the strongest quarantine. The UK is taking very serious measures to stimulate the economy, so the pound should stabilize in the current situation.


What’s waiting for us today?

08.00 UK retail sales volume
13.00 UK Interest Rate Decision
13.30 US GDP


Important Notes on This Publication:

The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Fatal error: Uncaught ArgumentCountError: Too few arguments to function codeless_remove_type_attr(), 1 passed in D:\home\site\wwwroot\wp-includes\class-wp-hook.php on line 286 and exactly 2 expected in D:\home\site\wwwroot\wp-content\themes\bb\functions.php:4593 Stack trace: #0 D:\home\site\wwwroot\wp-includes\class-wp-hook.php(286): codeless_remove_type_attr('<!doctype html>...') #1 D:\home\site\wwwroot\wp-includes\plugin.php(208): WP_Hook->apply_filters('<!doctype html>...', Array) #2 D:\home\site\wwwroot\wp-content\plugins\autoptimize\classes\autoptimizeMain.php(473): apply_filters('autoptimize_htm...', '<!doctype html>...') #3 [internal function]: autoptimizeMain->end_buffering('<!doctype html>...', 9) #4 D:\home\site\wwwroot\wp-includes\functions.php(4344): ob_end_flush() #5 D:\home\site\wwwroot\wp-includes\class-wp-hook.php(286): wp_ob_end_flush_all('') #6 D:\home\site\wwwroot\wp-includes\class-wp-hook.php(310): WP_Hook->apply_filters('', Array) #7 D:\home\site\wwwroot\wp-includes\plugin.php(465): WP_Hook->do_action in D:\home\site\wwwroot\wp-content\themes\bb\functions.php on line 4593