What will move the markets next week - 10.12 - 14.12.2018.

This week we witnessed how a hope could be trampled down for a short period of time, and again the disappointments and fears of embracing the minds of investors and traders. The moods returned to pessimistic, which brought back the volatility of the markets after the very short moment of air intake.

G20, Trump and Xi. They gave their assent to the truce, which was taken very well at 500 points by DOW when opening the futures on Monday. But what went wrong? Robert Lighthizer. The man who has always opposed China was chosen by Trump to negotiate the armistice. The deadline for the settlement of the agreement and the possible end of the war is 90 days. The choice again awakened the doubts that something positive would happen and suddenly the fears of a slowdown in the global economy were back again. The bloodshed continued, especially after Huawei's chief financial officer was arrested last Saturday. Even the Fed's comments that it may be putting the brakes on raising interest rates failed to comfort the markets.

Brexit continues to torture market participants, politicians and ordinary people. The drama is complete, and it has been further eroded during the preliminary debates in Parliament. Things go to the government to lose next Tuesday.

Bitcoin continues to dig further and further down, passing today under $ 3300.

Something nice happened, however: OPEC and especially Saudi Arabia and Russia agreed to the expected oil price cuts even surpassing expectations. Something that will not appeal to Trump at all, and it is a sign that he can not do what he wants, especially in social networks and move entire markets. The price of oil reached $ 49 (for the WTI crude variety) this week and after the positive news of the two-day Cartel meeting in Vienna, the price stabilized to $51- $53 a barrel.

What to expect next week? This is becoming an endless story. Again, the trade war, Brexit and the Federal, will be the main engines of the markets. The negative mood of the indexes is likely to continue, we have a vote on BREXIT (Expect serious levels of volatility in the pounds). We are also approaching the expected moment when the Federals will raise interest rates for the last time this year. But there are doubts here, not only in their politics, but rather they will not wait for the next year's release.

We expect strong volatility, a deteriorated risk sentiment, a retreat to safe heavens, and only the oil has breathed.

Read more:

• Risk off after the escalation in the Middle East, markets are recovering in a period of calm
• The macroeconomic events for today’s trading calendar
• The US government has confirmed the attacks, Trump is calling an emergency staff meeting
• Has the war between Iran and the US started?
• US markets remain under pressure, traders await Iran’s response