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World markets were mixed this week. Asian markets turned more hesitant amid fresh US-China tensions, European stocks were weak on concerns over Brexit despite approved EU budget and in the US, caution prevailed amid fading prospects of US stimulus.
After a rally and strong sector rotation equities consolidated this week.
The passing of the US presidential election brought an initial relief rally in stocks this week. Optimistic investors pulled money out of safe haven assets, such as gold and government bonds and world equities posted a second week of gains.
We have just witnessed an eventful week in which the focus was on the most-awaited political event of the year – US Presidential Election, which will affect the world economy, alliances and t
It's been a pretty intense time for investors who fled for shelter this week. Lockdowns in Europe sparked a stock market crash and risk appetite declined ahead of next week’s US presidential election. Shares in Europe and the U.S.
Plenty of economic data, third-quarter corporate earnings reports and political events took center stage this week. Investors were in wait-and-see mode, waiting to see a new stimulus plan in the US, progress in Brexit negotiations and central banks guidance.
It was another wild week driven by geopolitics, local lockdowns across Europe, chaotic US stimulus negotiations, Brexit uncertainty. World equities went on a roller coaster ride swinging from losses to gains.