The global stock markets are extremely sensitive to the global macro-economic conditions and news related to the economic variables. The performance of the global economy can also influence the sentiments of the market players. If the global disturbances increases or if the trade tensions between the US and China gets worse, the investors might decide to avoid making deployments towards the equities and they can also start liquidating their present holdings. The movement of stock markets are also affected by the decision taken in the US Federal Reserve meeting and by the comments from the Federal Reserve Chairman.
The earnings season can also influence the movement of stock markets and the investors should closely track the corporate earnings. Visa Inc. would be releasing its earnings report on July 23, 2019 while, its competitor, Mastercard Incorporated would be releasing the earnings on July 30, 2019. On July 11, 2019, Dow Jones Industrial Average was closed at 27,088.08 which implies a rise of 227.88 points or 0.85% on an intraday basis. Also, on the same day, S&P 500 Index was closed at 2,999.91 which reflects the rise of 6.84 points or 0.23% on an intraday basis.
Oil Prices Can Be Affected By Geopolitical Tensions
The oil prices are generally affected by the macro-economic variables, overall health of global economy and by geopolitical tensions. A rise in the economic uncertainties can affect the demand of oil which could, in turn, affect the prices of oil. Also, the movement in the stock markets can influence the demand of oil. The settlement of the trade battle can help in bringing stability in the stock markets and in the global business environment.
Australian Markets Got Settled in Red: S&P/ASX200 Falls By 0.3%
The equity markets in Australia can be affected by the overall health of global economy and by the geopolitical tensions. If the tensions about the global slowdown increases, it can have an adverse impact on the sentiments of the Australian investors and on Australian equities. As per the statement by Philip Lowe with respect to the monetary policy decision, the global financial conditions happen to be accommodative. Talking about the performance on July 12, 2019, S&P/ASX200 settled at 6,696.5 which implies a fall of 19.6 points or 0.3% on an intraday basis.
Coming to the performance of stocks on the same day, Oil Search Limited (ASX: OSH) and Sigma Healthcare Limited (ASX: SIG) have ended the day in green as their prices rose by 3.497% and 2.521%, respectively. On the other hand, Nearmap Ltd (ASX: NEA) and Clinuvel Pharmaceuticals Limited (ASX: CUV) have ended the day in red as their prices fell by 9.485% and 8.155%, respectively on an intraday basis. We have provided some important information on the ASX listed stocks for the investors. We have written some recent updates on the fashion retailers (i.e. Noni B Limited and City Chic Collective Limited). In order to read the updates written, please click here.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.