Markets fall again as Govt-19 fears rise – Business Live | Business

Forex Trading Room of KEB Hana Bank Headquarters in Seoul, South Korea. Photo: Ahn Young-Jun / A.P.

Good morning, we welcome our information on the global economy, financial markets, the eurozone and trade.

The Covit-19 epidemic, which has raised hopes that successful vaccination rolls in 2021 will help the world economy recover, has created a dangerous sensation in markets today.

Wall Street plummeted late last night Dow Jones Industrial Average Over 1% – down 344 points to 29,438.

European stocks have opened very low and investors are worried about how difficult the next few months will be. Stokes 600, Tracking stocks across Europe, down 0.8% at the start of trading, which could be a tense session.

The epidemic continues to increase in the United States; Overnight, Johns Hopkins University reported that more than 250,000 Americans have now died from another serious milestone in the crisis, Govt-19.

Total U.S. infections now number more than 11 million, and more than 76,000 people across the country have been hospitalized with Govt.

In New York, schools are set to be suspended after infection rates reach their highest level since spring.

It has reminded the markets that it is facing months of increasing deaths and economic downturns, which will cause more businesses to collapse and people to lose their jobs.

Jim Reid of Deutsche Bank Explains:

It’s about vaccines and the virus, whether it’s the perspective or the markets. The risk sessions actually slipped late into the US session, and Closed in the short term (S&P 500 -1.16%), mostly New York school closures are back in effect today, with the city’s positive rate rising to more than 3% for the first time Covid-19 tests.

In terms of sectoral moves, every industry group in the United States ended lower than autos (+ 1.14%), while losses were driven by energy (-2.88%) and utilities (-1.94%).

But the global situation is also deteriorating – Japan has recorded the number of new daily corona virus infections, including a new peak in Tokyo, while India is approaching 9m cases.

European stock markets are expected to fall this morning, reaching a multi-month high on Monday


European Initial Calls:#FTSE 6336 -0.77%#DAX 13110 -0.69%#CAC 5480 -0.57%#AEX 597 -0.60%#MIB 21535 -0.41%#IBEX 7919 -0.79%#OMX 1912 -0.53%#STOXX 3458 -0.70%#IGOpeningCall

November 19, 2020

Holger Schabitz
(Ch Schultenshener)

Fears of a shutdown are causing global markets to fall due to an increase in new corona cases, which is more than positive vaccine news. 250 years since the death of the American corona virus. Bond yields w / US 10y 0.85% in risk-free environment. The dollar index is 18 1.1847 near the 2y low w / euro. 70 Gold in 1860. Bitcoin is stable at 17.8k.

November 19, 2020


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