https://www.marketwatch.com/story/bank-of-japan-holds-interest-rates-in-negative-territory-and-stocks-fall-on-news-2020-01-20?siteid=yhoof2&yptr=yahoo
Stock markets always seem to be react to anything that is happening at the current moment. Investors are moody. They react to everything and anything that is happening. Because the global economy is so interconnected now days, what happens in Frankfurt Germany and the EU, for example, then moves on and affects stock markets around the world.
The same with any news that comes out of New York, such as the US jobs report, which comes out every 1st Friday of every month. If its better than expected, you can see stock markets in many countries increase. If its negative, you can see many stock markets react negatives.
The news out of China and the new flu virus, is no exception, as human behavior and money reacts to all situations, either positively or negatively.
© 2020 Tom Metts, all rights reserved
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.