Positive stock market moods is back

Stock market moods remain mixed, mainly due to worries about the trade war and oil growth that act in contradiction with the indices. Given the depreciated US oil reserves, black gold has grown to revive the energy sector. On the other hand, telecoms companies are under pressure because of the US-China trade war, which threatens companies in the sector.

Despite the bad prospects, the sense of calm on the stock markets began to return, after Donald Trump stopped with threats to China. On the other hand, traders are likely to accumulate the statement of Goldman Sachs CEO Lloyd Blankfein, who described tension escalation as a negotiating strategy.

Chart: Used with permission of Bloomberg Finance L.P.

 Trader Petar Milanov

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance