Musim Sejuk Seterusnya dan Harga Tenaga Yang Membara. Apa yang Eropah akan lakukan?
Gas asli adalah tiang seri ekonomi Eropah.
European stocks and the US-China uncertainty
2019-11-28 • Dikemaskini
The trade truce (or a “phase one” of the trade deal) between the US and China does seem to be approaching. However, there is still a great amount of tension surging on the comments from either side. The recent one was a comment by the US president Trump on November 8. He stated that there had not been any agreement on a complete tariff rollback for the Chinese goods. In response to that, on November 11 a Beijing government source revealed China’s pessimistic view on reaching the trade deal. While on Wednesday the same week, the Hong-Kong situation added oil into the fire over China warning the US against meddling into the Chinese internal affairs.
This constant bouncing back and forth creates an unhealthy environment in the global economy. A higher level of uncertainty normally leads to higher volatility, a decline or a stall in the markets. Especially for a stock market in Europe, where lower risk is appreciated like nowhere else. However, despite these predicaments, the European stocks have had an uptrend recently.
Indeed, the Stoxx 600 rose on November 19 to the level unseen since 2015. The level of 409 index points was reached during the day. All the market sectors gained strength with just a few exceptions. Apart from various positive corporate news, this may have been a response to the 90-day extension issued by Trump administration in relation to Huawei. This extension allows US companies to continue doing business with Huawei within this period.
However, there was no further confirmation for the positive new stance from either the American or the Chinese authorities. Hence, there was little evidence to support the European stock market’s optimism. Consequently, the day closed at a lower level of 406. While on Thursday the same week, the closing level of the market was further down at 402.
Nevertheless, the historical data shows that the European stock market has been consistently growing since 2009 in spite of all the turbulence on the way. The monthly, quarterly and yearly charts show similar rising trends. Therefore, the peak of 409 index points is a logical event on a larger observation scale. The latest comment from the Chinese side reveals a “cautious optimism” on reaching the trade deal with the US. This gives the investors a relatively solid ground to expect the European stock market to keep rising in the long-term and beat the 409 high in the future. If that happens, it should boost the demand for the euro as well. Consequently, the euro may rise against the related currencies.
Serupa
Apakah yang boleh mendorong minyak turun di bawah $90 setong?
Dua tahun ini, kita menyaksikan pergerakan harga minyak terbesar dalam tempoh 14 tahun, yang membingungkan pasaran, pelabur dan pedagang akibat ketegangan geopolitik dan peralihan ke tenaga bersih.
Kenapa harga minyak tidak mereda walau dengan semua usaha OPEC+?
Selepas beberapa bulan menerima tekanan dari Rumah Putih, Arab Saudi mengalah dan bersetuju untuk meningkatkan pengeluaran bersama dengan ahli-ahli OPEC+ yang lain.
Berita terkini
EMAS Dijangka Akan Mendaki Sementara, Dijangka Sambung Penerjunan!
Fed mengumumkan pada hari Rabu bahawa ia membiarkan kadar dasar tidak berubah pada 5…
Yen Tersungkur kepada Paling Rendah Sejak 1990 , Betul Ke Ni?
Jepun melangkah lebih dekat kepada campur tangan mata wang dengan amaran terkuatnya apabila yen merosot ke paras paling lemah dalam kira-kira 34 tahun berbanding dolar…
XAU/USD Berundur Selepas Menguji $2,200, Mana Arah Tuju USD?
Sentimen pasaran yang memulih pada pembukaan dagangan awal minggu semalam telah menukar semula haluan pergerakan USD…
