Market Update: Dow Jones Might Get Influenced By Macro-Factors Trade Battle

  • May 28, 2019 AEST
  • Team Kalkine
Market Update: Dow Jones Might Get Influenced By Macro-Factors Trade Battle

It can be said that the global market players are presently tracking the news related to the trade battle between the US and China as these geopolitical factors have the potential to affect the global stock markets. The trade battle could significantly disrupt the momentum of global growth and the market players might decide to sell their holdings in shares. All these factors could weigh over the global stock markets. However, the settlement of the trade battle can help the global stock markets to witness an upward momentum. Also, the settlement can reduce the worries about the global slowdown.

The economic uncertainties can significantly derail the prospects of global growth and can also negatively impact the stock markets. However, it is important for the market players to know that macro-economic variables can also influence the momentum of global stocks. The asset management companies and private equity companies are some of the areas which might be affected by increased fears about the global economic slowdown. Yesterday (i.e. May 27, 2019), the US equity, options as well as future markets were closed. Therefore, on May 24, 2019, Dow Jones ended in green by rising 95.22 points or 0.37% and got closed at 25,585.69.

Oil Prices Might Also Get Affected If Trade Battle Gets Worse

The oil prices are sensitive to the movement of stock markets and also to the overall health of global economy. The trade tensions between the US and China can influence the movement of oil prices because the economic uncertainties questions the oil demand. These prices can also be affected by the macro-economic indicators which gives the broader picture of the overall economy.

Australian Markets Closes in Green: S&P/ASX200 Ends By Rising 0.5%

The Australian equities can witness a positive momentum if the fears about the global slowdown decreases and if the trade tensions between the US and China ends on the permanent basis. The reduction in the global uncertainties can help the broader Australian economy and, thus, might prompt the Australian investors to make deployments towards equities. Therefore, it can be said that the settlement of trade fight might help the Australian markets in witnessing favorable momentum.

On May 28, 2019, S&P/ASX200 got ended in green as the index witnessed the rise of 32.9 points or 0.5% on an intraday basis and got closed at 6,484.8. We will now see how the stocks have performed. Nearmap Ltd (ASX: NEA) and WorleyParsons Limited (ASX: WOR) got closed in green as their prices have encountered a rise of 9.593% and 7.857%, respectively.

On the other hand, Fisher & Paykel Healthcare Corporation Limited (ASX: FPH) and Domino’s Pizza Enterprises Limited (ASX: DMP) got ended in red as their prices fell by 5.229% and 5.012%, respectively on an intraday basis.

Talking about some of the important news, the Chairman of THC Global Group Limited (ASX: THC) had stated that the company is much stronger than it was twelve months ago. To read the entire news about this, please click here.


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