According to reports EconomyOnline At the same time as the outbreak of the coronavirus mutation in the world, many countries, including Indonesia and Taiwan, have suspended all foreign flights until further notice, according to ISNA. In some other countries, foreign flight restrictions have increased and the length of quarantine for incoming passengers has increased. Despite the sighting of the British corona in some parts of the world, traders hope that the process of vaccinating vulnerable groups and medical staff will reduce the death toll from the virus, which is approaching two million, and return to pre-crisis conditions. Accelerate.
Finally, four years after the British people voted to leave the European Union, London and Brussels reached a preliminary agreement on the details of their future relationship. Thus, the risk of choosing without an agreement is greatly reduced, although there is still the possibility of disagreement over the details of the agreement. The Prime Minister of the United Kingdom Boris Johnson and the President of the European Commission Ursula Von Lane attended a press conference after their meeting and said that the agreement would be in the interest of both parties and that close cooperation would continue. The agreement will need to be approved by the European Parliament and the British Parliament to be implemented.
Traders are preparing for post-Trump America, and although Joe Biden is expected to strengthen cooperation with its European and Asian allies in foreign policy, many domestic Democrats are likely to There will be strong opposition from Republicans, especially since the Senate election has been postponed to a second round in some constituencies, and this will make the race for a majority in the Senate intensify.
While traders are closely monitoring developments related to the coronavirus mutation in the UK, Pfizer said in a statement that it would take at least six weeks for the new vaccine to develop if the virus became resistant to the current version of the vaccine. Quarantine has been extended to many countries to prevent further spread of the virus, but it has also led to street protests in some countries. Many countries are receiving the first consignments of their ordered corona vaccines, and the process of vaccinating sensitive groups has begun.
Finally, after a long dispute between the leaders of the two main American parties, the new financial support package was finalized with the aim of supporting small and medium-sized businesses and paying direct cash subsidies to American citizens. Some experts believe that after the Biden administration takes office, Democrats will try to implement a new support package, but this move is likely to face strong opposition from Republicans. In a statement welcoming the implementation of the package, Biden said $ 900 billion in credit would be important for emergency support, but that it would be the first step.
After a bit of calm in the stormy relations between Beijing and Washington, the dispute between the two sides has flared up again, and the US Department of Commerce, in a disappointing move for traders, announced that it has added 77 Chinese individuals and entities to its trade ban list. The list includes 60 companies, including SMCI, China’s largest chip maker, and SMZ Technology, a well-known UAV maker accused of links to the Chinese military.
The US Federal Reserve said in a report that conditions had improved compared to the previous forecast, but that the economic crisis should not be expected to end until the end of this year. Next year, US economic growth is projected at 4.2 percent, up 0.2 percent from the previous report.
So far, more than 81,410,481 cases of corona have been reported, of which 1,777,212 have died. Among the various countries, the highest casualties were in the United States with 341,567, Brazil with 191,207, India with 148,180, Mexico with 122,426 and Italy with 72,370. .
“We can still clearly see that financial market volatility is high,” said Terry Sand Van, a senior investment expert at the Wool Management Institute. We have come up with a solution to the coronavirus that seems to have worked well, but there are doubts as to how useful these vaccines will be for everyone and how long they can be safe. Doubts also give the market contradictory signals.
American Stock Exchange
the door Wall Street, All indices were bullish until all three major stock indices closed at a higher level than the day before. The Dow Jones Industrial Average closed 0.7 percent higher than the previous day at 30,412.16.
The S&P 500 rose 0.91 percent to 3,736.88 points, and the other major US stock index, the Nasdaq Composite, closed 0.88 percent at 12,917.77 points.
In transactions Stock markets In Europe, the London Stock Exchange “Fotsy 100” index closed 0.1% higher than the previous day and closed at 6502.11. The “Dex 30” index of the Frankfurt Stock Exchange in Germany ended its work with a rise of 1.49 percent and stood at the level of 13,790.29 units, and the “Coke 40” index of the Paris Stock Exchange increased by 1.2 percent to the level of 5588.38 The unit was closed. In Madrid, the Ibex 35 index rose 0.54 percent to 8,155.60 points.
Indices performed well in Asian stock trading; To the extent that the Nikkei 225 index of the Tokyo Stock Exchange of Japan rose by 0.74 percent to the level of 26,854.03 units. The Hong Kong Stock Exchange’s Hong Kong Index fell 0.27 percent to close at 26,314.63. In China, the Shanghai Composite Index rose 0.44 percent to close at 5064.41.
In Australia, the S&PS & S 200 Index of the Sydney Stock Exchange closed 0.33% higher at 6664.77 points. Among other important Asian indicators, Japan’s Topix was bullish. (The criterion for calculating price changes was the closing hour of daily trading on the New York Stock Exchange)
In the black gold market, the price trend was downward. West Texas Intermediate fell 0.55 percent to $ 47.88 a barrel, Brent North Sea crude was down 0.38 percent at $ 51.11 a barrel.
Gold and silver
Also in the precious metals market, the price of an ounce of gold fell by 1.22 percent compared to the previous day at 1877.46 dollars. Silver traded up 1.18 percent at $ 26.49 an ounce.