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.
Being aware of the latest events makes it easier to decide what to do when trading the financial markets. You don't need to be in front of your computer to do that, we have an app for our platform!
Essential information is just a few taps away. Create an account and find out what’s in store for you:
Register now and see what's in store for you:
- Stellar customer service
- Fully regulated broker. We're licensed by CySEC and registered by multiple finance entities around the globe
- Trade over 2,100 CFDs (Contracts for Difference), from Forex and Indices to ETFs, Commodities, and Cryptocurrencies!
Sources: theguardian.com, yahoo.com
The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation. Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.