Global markets turned positive with concerns about the new type of coronavirus in China and purchases that have increased their impact despite geopolitical developments.
Although the number of people who died due to the new type of coronavirus (2019-nCoV) epidemic in China increased to 425, the number of those affected by the virus increased to 20 thousand 438, the increase in the expectations that the search for solutions could yield results strengthened the purchases in the share markets.
Completing the day, which started with a sharp decline yesterday with a decrease of 7.72 percent after the long New Year holiday, the Shanghai composite index in China has increased with the reaction purchases coming today. The Shanghai composite index gained 0.4 percent near the close, while other Asian exchanges are also on the rise.
In the U.S., while President Donald Trump’s trial ended, political developments regarding Syria, Iran, Iraq and Libya remain at the center of the agenda.
While the last session before the final vote was held yesterday in the dismissal trial against Trump, Democrat prosecutors who made their closing presentations and Trump’s lawyers accused each other. It is reported that the voting of the illicit articles against Trump in the Senate will be held on Wednesday at 16:00 local time (24:00 local time).
At least 67 senators must vote yes for Trump to be found guilty and dismissed in the Senate, which is the majority of Republicans. According to the current table, Trump’s justification in Wednesday’s voting is considered to be certain.
After these developments and the manufacturing industry data announced in the USA increased above expectations, Dow Jones index gained 0.51 percent, S&P 500 index rose 0.73 percent and Nasdaq index rose 1.34 percent yesterday.
On the European side, with the support of the recovery in the manufacturing industry data, an average of 0.5 percent increase was observed in the stock markets with buyers. Statements on bilateral trade from the parties after the Brexit took place are on the agenda of the European markets.
British Prime Minister Boris Johnson said yesterday that Britain does not have to adopt European Union (EU) competition policies, subsidies, social protection and environmental rules as part of free trade negotiations, and will continue to maintain the highest standards on these issues. After the announcements, the pound depreciated against the dollar and the euro. The pound / dollar parity fell 1.45 percent, the pound / euro parity fell 1.32 percent.
Yesterday, DAX index rose by 0.49 percent in Germany, FTSE 100 index increased by 0.55 percent in England and CAC 40 index increased by 0.45 percent in France. The recovery of markets in China today triggered rapid rises in the stock markets of other Asian countries. Close to the close, the Kospi index rose 1.6 percent in South Korea, the Sensex index 1.9 percent in India, and the Nikkei 225 index 0.5 percent in Japan.
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