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Trade wars escalation worries were the main theme of the outgoing week that pressured risk-sensitive currencies. #GBP, #AUD, #ZAR and #TRY were the major losers to #USD. #JPY and #CHF are in positive territory. But there is an exception – #RUB – that showed the largest increase against the dollar.
#USD retreats significantly to the so-called safe #JPY, #CHF. On Friday morning the stock markets note carefully rollback after the drop a day earlier, #Nikkei225, #SPX recoup some of their losses Thursday. #Brent recovering reduces more than 5.5% decline the day before. #Gold and #Bitcoin are growing up.
Demand for protective assets increased: #USD fell to #JPY and #CHF, but grew to #GBP, #AUD. Key stock indices (SPX, #Nikkei225) fell significantly, #Gold rose. #Brent decreased by 5.2% over past 24h. #Bitcoin slumped to $8000 after a failed attempt to grow above $9000.
Since Friday morning, the markets have seen a significant push to the safe-haven assets: #JPY, #CHF add about 0.6% and hold positions on Monday morning. Key stock indices (#SPX, #Nikkei, #DAX) lose more than 1%. #Brent collapsed below $61, losing more than 10% since Thursday. #Gold actively increasing.
#USD retreat to its main competitors, most notably to #EUR, #CHF. American #SPX, #DJI near Friday's closing levels. Chinese #ChinaA50, #HengSeng pulled lower. #Gold climbs to 4-month highs. #Bitcoin fell below $8000.