Summary for the 26th of February 2019


Yesterday, the oil price fell by about 2 dollars per barrel after the US President, Donald Trump, tweeted at OPEC about how the oil price was too high and that the world couldn’t  take a price hike:…please relax and take it easy..”, was the message.

The Italy’s bond yields fell after the credit rating agency, Fitch, affirms the rating of Italy is still at BBB.

The Bank of England is signaling that banks will gain additional access to funds, this is to avoid financial shock in case of a no deal Brexit. The British government has been discussing about postponing the Brexit date of 29th of March.

Indices on the 26th of February: The US stock markets opened strong due to the postponing of the tariffs deadline. The indices fell back to the starting point at the end of the day. Chinese stock markets were still up due to the postponing and government’s additional stimulus to the economy.
  
Dow: +0.2% (25th of February )
S&P 500: +0.1% (25th of February)
Nasdaq: +0.4% (25th of February)
Nikkei: -0.4%  (26th of February)
Chinese indices: +1.0% (26th of February)
STOXX Europe 600 Index: +0.39% (26th of February)
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