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As the market players are aware, global stock markets are sensitive to macro-economic factors as well as to trade tensions between the US and China. The geopolitical tensions have the potential to disrupt the broader momentum of stock markets and can also derail the prospects of global economic growth. If the economic uncertainties increase or if the global growth comes into question, investors can move towards safer instruments and sell their holdings into equities. The fears of recession could significantly impact the sentiments of market players.
As investors know, the meeting of the US Federal Reserve is also very crucial for broader markets. Also, we advise the investors to track the Federal Reserve meeting, which has been scheduled to take place on September 17, 2019-September 18, 2019, as the meeting might give some information about the overall condition of the global economy. On August 19, 2019, Dow Jones Industrial Average ended the day in green, as the index witnessed a rise of 249.78 points or 0.96% on an intraday basis to settle at 26,135.79. On the same day, S&P 500 Index encountered a rise of 34.97 points or 1.21% on an intraday basis to close at 2923.65.
Oil Prices Can Be Affected If Geopolitical Tensions Increase
Oil prices might be influenced by the fluctuations in oil demand. It can be said that the overall health of global economy, trade tensions between the US and China and geopolitical conditions are the core factors that could affect the demand for oil. The trade battle can affect the broader business environment which could influence the oil demand.
Australian Market Ends in Green: S&P/ASX200 Rose By 1.2%
Geopolitical tensions can also impact the performance of Australian economy and equities. In the event of global slowdown, Australian equities might witness negative impacts. The permanent settlement of the trade fight might positively impact equity markets in Australia. Coming to the performance, S&P/ASX200 Index witnessed a rise of 77.6 points or 1.2% on an intraday basis to end the session at 6545 on August 20, 2019. On the same day, All Ordinaries encountered a rise of 76.9 points or 1.2% on an intraday basis to settle at 6627.4.
We will now have a look at how the stocks have performed on Australian Securities Exchange. On August 20, 2019, IPH Limited (ASX: IPH) witnessed a rise of 10.397% on an intraday basis to end the session at A$9.450 per share and Beach Energy Limited (ASX: BPT) rose by 9% to end at A$2.180 per share. However, on the same day, Saracen Mineral Holdings Limited (ASX: SAR) and Healius Limited (ASX: HLS) fell by 3.504% and 2.913%, respectively. For the investors, we have provided some important information on stocks that they should be aware about. We have provided crucial information on four diversified stocks (i.e. CIM, ASL, SYD and CPV). Click here to have a look at the information provided.
IPH Daily Technical Chart (Source: Thomson Reuters)
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