Global events that influenced the market in the past 3 months
Even though the year started only a few months ago, it seems like one year's worth of events has been compressed in only three months.
On January 3, the Iranian general Qasem Soleimani was killed by Trump's orders when a U.S. drone hit close to Baghdad International Airport. The world expected World War III, but things got sorted out. Of course, the Oil price was affected by this, with 4% in Brent Oil prices after Soleimani was declared dead.
Good news came from the U.S.A. and China when the two countries signed the "phase one" deal, putting an end to two years of trade-war.
Coronavirus started to be more than pneumonia and took over the world.
Faulty technology was blamed for the delayed Iowa caucus on February 4. This was one of the most important political events, as it could've shown which democratic candidate was up against Trump in this year's presidential election.
One day later, Donald Trump was acquitted from impeachment. He was up for the abuse of power and obstruction of Congress.
On the tech side, Tesla had the best month so far, going as high as $849 per share.
Facebook changed its political ad policies after Mike Bloomberg used the platform to spread hilarious messages to promote his presidential campaign.
First American dies of Coronavirus infection.
China was under lockdown due to the Coronavirus pandemic, and the U.S.A. was on its way to an outbreak.
Joe Biden was the front runner during the presidential campaigns.
A price-war started between Saudi Arabia and Russia after the last OPEC+ meeting.
The Fed cut the interest rates to help the economy. Many other central banks followed suit.
Stimulus bills are passed all over the world.
Italy has the most cases of Coronavirus in Europe.
The Olympic Committee decided to postpone until July 2021 the 2020 Japan Olympic Games.
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Sources: theguardian.com, yahoo.com
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