www.varchev.com

What markets will move next week - 26.11. - 30.11.2018.

Earth

Rating:

12345
Loading...

Another bad week for stocks and indices passed. Thanksgiving and Black Friday failed to revive the stock and see at least a certain increase in prices. Weekly DOW and NASDAQ declines are the worst since March. The S & P500 also did not stay behind, but the technological shares again grew more heavy with DJIA and NDQ.

Oil prices have boosted their downward move by more than 6% decline due to worries about global oil needs. Overall, the energy sector suffered major defeats and was 16.5% down from early October. This is the worst performing sector in the S & P500.

The Brexit negotiations have made some progress since on Thursday the two negotiating parties were able to reach an agreement on the initial version of the UK and EU financial sector agreement.

Tensions in US-China relations have grown after a series of statements by the two presidents. The trade war raged in full force days before the start of the G20 meeting.

Expectations for the press next week are moods to revolve around these events, wrapped in the emotional palette of: fears, worries, worries, and sharp attention. Tensions from the war will continue to hold on to stocks and indices coupled with the Fed's latest meeting this year, and the latest rising interest rates for the year, the slowdown in global growth and the reality that "hit" technology companies. At the same time, the dollar is expected to be re-preferred to the Japanese yen and gold at the FX markets.

"Oil Games" between OPEC, Saudi Arabia and the rest of the world will continue to negatively affect oil prices next week and this is already beginning to resemble strong price declines when OPEC undertook a war against shale gas producers in the United States.

"UK and EU divorce" will continue to harass European markets and cable. Time runs out as well as money from the markets, but hopes in market players drive them to a strong resistance under the pressure of the bears. The mood will certainly be preserved for next week.

Bloodshed in the crypto markets continued as Bitcoin Cash forking and renewed investigations by the Financial Supervision Commission and the US Department of Justice against Bitmex and Tether LTD that the two companies used the digital tote Tether to manipulate the Bitcoin price on at the time of its impressive rally in 2017. The digital currencies will not be calm again next week, as the sentiment for the moment has not even changed for a while in the crypto markets. Expectations for declines to continue in the coming days.

We are waiting for a busy economic calendar and keeping the negative sentiment for the next week.


 Trader Martin Nikolov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
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

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% 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.

chat with dealer
chat with dealer
Cookies policy