Daniel Yebra – 5:42 – 9/11/2016
-
There are similar signs: the VIX shoots up and stop the future
-
fall bags are much lower than in the June 23,
The volatility has taken hold of markets around the world after the victory of Donald Trump in the presidential elections of the united States, but the fright, of time, it is not comparable to the brexit. In Europe, the EuroStoxx 50 has come to fall for a 2.83% away from nearly 10% that sank in the first bars of the session later that the british decided to remove the Uk of the European Union.
yes, the VIX, known as the index of fear and that measures volatility, has rebounded to levels not seen since the Brexit. In the same way, the futures traded on the S&P have been suspended after slumping 5%, something that was not happening from the 23rd of June.
“The recommendation in these first moments is to stay calm and not get carried away by the strong volatility,” stresses Joan Cabrero, director of strategy of Ecotrader. “The scope and duration of the reactions of the markets will depend on the attitude of Trump when they have the power in their hands,” explains, for his part, Harm Bandholz, chief economist of UniCredit in the united States.
In this same line, the president of the European Parliament, Martin Schulz, one of the early leaders of the Old Continent in speaking about the victory of the republican candidate over Hillary Clinton, preferred by the markets, has commented that now there that see “if the system of the united States is able to limit the aspirations of the Trump of the election campaign.”
“In general, the european indices also have margin to fall to their areas of key support, which in the case of the Eurostoxx 50 are located in the 2.890-2.920 points in the DAX 30 German on the 10.190/10.090 points and the Ibex 35 in the 8.540 points”, explains Carlos Almarza, strategist at JM Kapital and analyst Ecotrader, who adds that “while these brackets stand the advice is not to move too much”.
The main index gemano has come down to 3% but, like the rest, soon has tempered the losses. After the referendum the british ceded a 6,82% at the end of the session. Meanwhile, in London, the declines have exceeded 2% but will soon have to be reversed, away from the 8,67% that the FTSE 100 came to lose in June.
The experience of brexit was more traumatic than this ‘trumpazo’ because, as points Giordano Lombardo, chairman and ceo of Pioneer, “while the outcome of the elections in the united States is a surprise, it is not a black swan”.
analysts agree that the market was more prepared to fit this beat. In fact, Eric Lonergan, manager of the M&G, believes “the rise of the protest movements has acquired a global dimension” and that the brexit can no longer be considered as an abnormal event: “It’s a trend.”
After the rupture of the European community, the FTSE 100 took three sessions to regain previous levels, it was the first index, of the main, in doing so. The S&P 500 got it on the 8th of July, the Dax 30 on the 26th of the same month and the EuroStoxx 50 on the 11th of August. The Ibex 35 had to wait to 2 September.
Other news
sponsored Content
No comments:
Post a Comment