The week of central banks caused an earthquake in the stock markets. The main indices of Asia, Oceania and Europe are depressing.
All major indices in Asia and Oceania fell today. The majority - 3.04 percent. - Shanghai B-Share index lost. Hang Seng was the lowest in 11 years. With rare exceptions, the Friday session began with a decline in major indices in Europe as well (DAX -0.6%, CAC 40 -0.54%). The main indices of Switzerland, Sweden, Great Britain, Belgium and the German mDAX and sDAX reached new cyclic lows.
Poland is the weakest in Europe
Again, the weakest in Europe was the Polish stock market (WIG-20 -2.24%, WIG 2.01% at around 10:30). Among the components of the WIG 20, only CD Projekt was up this morning. Among the components of the sWIG 80, the most expensive stock in 5 years was CI Games (later the price fell), and the lowest in its history on the WSE, which began last year, was the price of Onde shares).
Yields on 10-year government bonds of South Korea, New Zealand, Austria, Belgium, Germany, Spain, Finland, France, the Netherlands and the US dollar set new cyclical highs today, although the initial gain in yields in most cases has since been reversed. .
Crude oil contract prices approached September lows (WTI -2.19%, Brent -1.99% around 10:20 am). Precious metals were down this morning (gold -0.53%, silver -0.61%, platinum -2.15%, palladium -2.21%).
Exchange rates. The dollar has risen in price
The EUR/USD exchange rate fell to a new low since 2002 (around 10:15 0.9764 -0.75%). The US dollar also set new cyclical highs today against the Czech crown, Danish krone, British pound sterling, Norwegian krone, Romanian leu, Swedish krona, Turkish lira and Polish zloty. In Asia, the US dollar set new cyclical highs against the Chinese yuan today , Indian Rupee, Korean Won, Malaysian Ringgit, Singapore Dollar and Taiwanese Dollar.
The USD/PLN exchange rate was the highest in history (PLN 4.87 around 10:20 am). The change in the euro/Polish exchange rate was insignificant (+0.01%). After bouncing back above $19,000 yesterday, the Bitcoin exchange rate against the US dollar is up slightly this morning (0.27% at around 10:10 am).
Source: Wprost
