The most favorite trades in Thursday

Some of the favorite deals this week are buying gold and bonds. And it can continue to be a trend on Thursday as traders watch politics in Europe and Washington.

Income from Coca Cola, Viacom, Nvidia and Twitter are expected in one of the last big blasts of the earnings season Thursday. CEOs of airlines entering the White House on Thursday for talks with Donald Trump.

The stock market is essentially meandering, as S & P500 is down 0.1 percent for the week. NASDAQ is only 0.3% up, but hit a new peak. But the bond market has been active, and buying gold. When 10-year bond yields on Wednesday had dropped to 2.32 percent, its lowest level since January 2017. Gold itself rose, reaching 1239 dollars per ounce and futures are now up to 10% by mid-December.

Strategists from the markets of precious metals and Treasury identify two factors that drive safe buying. One of them is concern about the fate of the Euro zone because of the upcoming French elections and the debts of Greece and the other is the uncertainty associated with the president Donald Trump and when his policies for growth will be driven. Also have concerns that the president will pursue a policy that would lead to the opening of trade or currency war.

On Thursday there will be two speakers from the Fed - President St. Louis, James Bullard 16: 05ch and president of the Chicago Fed, Charles Evans by 20: 10h CET. At 20: 00h will come out data on 30-year bonds.

According to Boris Rjavinski, director strategist at Wells Fargo, everything is politics these days. Markets watch Europe and the US. The concern is that the chances of Marine Le Pen appears to be improving, and she would bring France out of the euro, threatening the future of the Euro zone.

Rjavinski also said that the next move of the bonds will be determined after the statement of the chairman of the Fed, Janet Yellen next week. Yet there will be interest in the last meeting of the Federal Reserve, which will consist of February 22.

Gold has attracted quite by ETF-buyers in recent sessions and this can not continue. James Steel, chief analyst at HSBC, said that purchases of ETF-and have intensified in recent days to the end of last year when they were quite weak. Accordingly, this broad spectrum of buyers reflects positively on the market. Moreover, the demand in China appears to increase, but markets have focused on other factors. According to him, the price of gold goes up because of geopolitical risk and weak income from bonds. This may change suddenly, since a long time there has been no retraction of the gains.

Other earnings are expected from Kellogg, Beazer Homes, Regeneron, CVS Health, Nissan, Occidental Petroleum, Cummins, KKR, Norsk Hydro, and Total before market opening. Activision Blizzard, Expedia, Mohawk, Western Union, Pandora Media, Energen, Yelp, Zynga, and VeriSign will report after the session.

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