Futures of the US indices are traded slightly on positive territory.
Traditionally, US indices dropped in the weeks before the start of military action, due to increased uncertainty. However, since the beginning of the conflict, which usually ends relatively quickly, this uncertainty is diminishing and the stock indices increase.
Based on statistics from seven US military invasions since 1983, it is clear that the Dow Jones blue chip index declined by an average of 0.6% in the month before the start of the conflict. By comparison, in the month after the start of the military conflict, the Dow index rose by 4%.
In addition, the strong performance of the index continued for several months. The average performance of the benchmark, three months after the start of the conflict, was an increase of 6.7%, and six months later, it was trading 7.2% higher, with an average performance of 4.8% for similar periods.
Showing posts with label conflict in Syria. Show all posts
Showing posts with label conflict in Syria. Show all posts
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.
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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