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Monday 16 April 2018

How did the attacks in Syria influenced markets?

The markets opened after a weekend marked by military strikes in Syria. How did the markets react? Almost nohow...
Oil lost about 1% of its value, and gold and silver almost did not react, contrary to the expectations of many investors, that they would appreciate.
The yen, traditionally considered as a rescue island, in moments of crisis or geopolitical tension, is not traded in any significant change in its levels.
If we had to be objective, the biggest increase over the weekend were crypto-currencies. And this is increasingly asking the question - will the crypto-currencies turn into the "new gold"?
Otherwise, gold is traded at levels of $1 346 per ounce, and its rise continues to decline from a level of $1,360. The silver is at 16.65 dollars per ounce, and the brent is exchanged at 72.25 dollars. Early in the morning, the valuable raw material had fallen below the psychological limit of $72 a barrel.


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