2.01 - what will 2020 bring?
The new decade starts with pretty good numbers for the Asian segment of the market. Even though the previous trading session ended on record highs for the segment, we can now see that it was barely the limit for us and for the markets. Trade deal, that we were so hoping to be signed last fall is still to be signed, but at least we can hope for its comeback and its signing in the nearest future.
Surely, Asian segment is not the only thing that can attract our attention today. For example, American stock market also seems worthy of our attention. Growth there is extended into the new decade as I am sure all of our users remember. Even though there was a little bit of a slow-down for the segment before the holiday season, now traders are prepared to come back and trade with the newly-found power.
Currencies market is mostly marked by the fall of the greenback and the fall of other currencies against it. Surely, what we see in the segment today is the result of pre-holiday slow-down. Low liquidity has played a very cruel joke on us and now we will have to correct the situation. Surely we can do that just by active trading, which is nice.
The new decade is sure to bring new challenges and new developments in trading. Just 5 years ago it was hard to imagine that one of the main assets and topics would be digital coins, now, it is one of the main source of our income in the markets. It is sure – something will change.
Here are the main numbers for the first trading day of the new decade:
Topix decreased 0.7 percent.
Kospi dropped 0.7 percent.
Shanghai Composite added 1.2 percent.
Hang Seng from Hong Kong recovered 1.1 percent
S&P 500 grew 0.3 percent.
Dow Jones advanced 0.3 percent.
Euro was barely moved against the h=greenback - $1.1206.
Pound declined 0.2 percent - $1.3221.
Yen keeps on losing its position – 108.73 per dollar.
Canadian dollar follows yen - $1.2986.
Tesla added 0.9 percent - $418.33.
Apple grew 0.7 percent - $293.65.
Facebook increased 0.4 percent – $205.25.
Amazon was barely moved - $1847.84 per share.
Google didn’t change that much - $1339.39.
WTI dropped 0.45 percent - $61.35 per barrel.
Brent grew 0.3 percent - $66.18 per barrel.
Gold grew 0.2 percent - $1520 per ounce.
Silver recovered 0.3 percent - $17.86 per ounce.
Platinum added 0.4 percent – $963.