October 16, 2019

Stock market review October 16, 2019

What do we see in the market?

Nasdaq 100 🇺🇸

The value of the stock index of the high-tech sector of the United States last week put all points on i. Washington and Beijing finally got off the ground in the trade war talks.

Not all issues have been resolved, however, a start has been made. There is no limit to optimism in the stock markets, and even negative macroeconomic statistics from the Middle Kingdom will not prevent the growth of this instrument, because the Fed is going to buy up shares for $ 300-500 billion.

Plus, the period of financial statements is already on the nose. The general market sentiment is upward, we are waiting for new local highs, as well as for the S&P500.

Nikkei 225 🇯🇵

The Japanese stock market does not lag behind the Americans and even surpasses. At the beginning of the week, a breakdown of the highs of the last month was observed, with insignificant, minimal kickbacks.

The Japanese are happy that their two key counterparties ceased to measure strength and began to reach agreements. The general mood is sharp.

FTSE 100 🇬🇧

Due to the approaching UK exit from the EU, the national index is showing some timidity when compared with the indices of other countries.

Everything is fine with companies, but investors are wary of a tough scenario, because it will resemble a sharp rejection of an old habit in the economic sense.

I think a tough scenario is unlikely, since the trade relations of Brussels and London are beneficial for both parties.

Why cut the branch on which you sit? The general mood is northern.