New Year’s hangover in the markets: 5 keys this Monday on the stock market

Share your love

The Asian stock markets, the United States, Canada and the United Kingdom remain closed on Monday for the New Year’s holiday, so a lower trading volume is expected.

Lula da Silva is sworn in as president of Brazil.

The petroleum Up.

Cryptocurrencies move with a mixed tone this morning.

Here are the five factors that investors should consider today when making their decisions:

1. Asia, United States, Canada and United Kingdom celebrate New Year

This Monday the stock markets of Asia, the United States, Canada and the United Kingdom will be closed for the New Year holiday, so less trading activity is expected in the markets.

2. Lula promises change in Brazil
Luiz Inacio Lula da Silva was sworn in as Brazil’s president on Sunday, issuing a harsh indictment against former far-right leader Jair Bolsonaro and promising a drastic change of course to rescue a nation ravaged by hunger, poverty and racism, Reuters reports.

3. Crypto, mixed; Coffee falls
The cryptocurrency sector is still trying to raise its head. The Bitcoin It is quoted at $ 16,000 and the Ethereum in the 1,200.

Attentive also to the price of the U.S. coffee these days. Today it moves at 167 dollars.

4. Asia and the American stock market
Holiday today in the main Asian indices for the New Year.

As for Wall Street, the market ended Friday in the red. The closures of the S&P 500 (-0.2%), NASDAQ (-0.1%) and Dow Jones (-0,2%).

5. Macro data
Among the macroeconomic references in Europe, the variation in unemployment in Spain, consumer confidence in Portugal, as well as a manufacturing PMI battery in France, Germany, Italy, Spain and the Euro area.

Read Also   Bitcoin mining, China's "involuntary gift" to the US
Share your love

Leave a Reply

Your email address will not be published. Required fields are marked *