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