Press release
Financial Scouts Say Europe’s Traders Will Continue To Follow News About The US-China Trade Conflict, Brexit
Europe’s stock markets will continue to face some pressure due to the US-China standoff resolution uncertainty. EU traders will also keep track of the Brexit news and global oil market developments.Trade differences between the US and China will remain the focus of interest for European investors. The news regarding the trade spat are quite contradictory, with the markets propelled upwards and downwards interchangeably every time a fresh piece of trade war news appears. However, some progress has been seen here, so traders are awaiting positive updates on this arena.
Brexit news looks similarly ambiguous. London and Brussels have little time ahead to agree, which fuels traders’ concerns, as they apprehend that a ‘hard’ Brexit will happen. Meanwhile, some headway has been seen here, too. Specifically, concessions have reportedly been secured from Brussels to keep the whole of the UK in a customs union in the wake of Britain’s withdrawal.
Another market experiencing a quite high volatility is the oil market, with the volatility driver being Washington’s new anti-Iran sanctions that came into force on November 5. Traders originally expected that new sanctions might drive oil supply shortage in the global market due to the apprehended Iranian oil exports cut. But in light of waivers given to some countries the oil undersupply seems unlikely to happen.
Ivan Marchena, Libertex Analyst
Libertex is an international brand with a twenty years history in financial markets and online commerce. Libertex provides investors with access to trading stocks, currencies, indices, commodities, gold, oil, gas and many other financial instruments. The Libertex team has more than 2,200,000 customers in Latin America, Europe and Asia owing to its first-class service. Libertex has more than 150 commercial instruments. In 2016, Libertex was recognized by Forex EXPO Awards as the best trading platform; and Global Banking and Finance Review named it the best trading application in the EAEU. Libertex is the best trading application and the best crypto currency broker according to Forex Awards 2017.
The Financial Services Centre, P.O. Box 1823, Stoney Ground,
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