Today Asian markets are experiencing shakes but European markets are showing good growth. Dollar has fallen to the weekly lows as other currencies grow with gold and oil.
Trump causes more controversy and dissatisfies Americans.
American President Donald Trump has once more disappointed larger part of American citizens, having congratulated Vladimir Putin with his win in elections.
The problem with this is that after having negated the connections with Russian government Trump had to stay away from the telephone, his advisors think, as the world society doesn’t recognize this win as a legitimate, having taken place in annexed Crimea – Ukrainian territory. According to Washington Post Trump’s national security advisor gave Trump a briefing which explicitly stated “DO NOT CONGRATULATE”.
Trump also said that the meeting with Putin is to take place soon to discuss arms race and situatios in Ukraine and Syria.
More info on Facebook privacy scandal.
The scandal, that we told about yesterday, that is dragging Facebook through the major problems is getting stronger and is causing much more problems for the owners of shares, who are now going into the selloff.
Yesterday Facebook lost as much as the whole market cap of Elon Musk’s Tesla company – 60 billion dollars lost by just the drop in the shares’ prices. The selloff followed the statement that the data of millions of users was used by American and possibly Russian special services without their consent during American presidential elections in 2016.
6.8 percent of the price was lost by Facebook on Monday which is the biggest drop in almost 4 years.
Stocks, curre3ncies and crude overview.
Markets are stormy, crude is advancing, dollar is going lower – such is in short terms the situation in the markets.
Stoxx Europe 600 is standing still as of the beginning of the trading day.
Futures for S&P 500 Index are up by less than 0.05 percent just like MSCI All-Country World.
S&P 500 Futures gained less than 0.05 percent as well.
Dollar fell lower by almost 0.4 percent to the lowest point in 2 weeks with the biggest decrease in the same period of time.
With low dollar other currencies are going higher. Like pound, for example, which is at its highest in more than a month - $1.4024 per pound.
Euro up by 0.3 percent - $1.2279.
Yen is also up by 0.2 percent – 106.31 yen per dollar.
WTI crude is at its highest point in more than 3 weeks - +0.2 percent and the price is $63.66 for now.
Gold has taken the largest jump in more than 2 weeks – 1.316.95 USD per ounce.
