TRUMP, COVID, MARKET: miracles coming down

TRUMP, COVID, MARKET: miracles coming down

2020-10-05 • Atualizado

A new twist

Until very recently, the race for the presidency and winning the voters was a known drama with a preset scenario: a number of ugly public clashes between Trump and Biden over in the course of debates, then the final voting in November, and then it’s done. Obviously, there is a number of deviation possibilities expected to this scenario, but still, the general scheme is pretty clear. If you can call that “clear”. But several days ago, it became even more twisted than before. Donald Trump got COVID-19. It happened on Thursday, actually, when the first test got out, but the public announcement was held back until later on to make sure that a more formidable medical confirmation gives the same positive result. The market got down, such a disappointment, and all of a sudden, so many more negative possibilities out there, and all right just a month ahead of the presidential campaign… What now?

Make it work

Now, Donald Trump – as a true politician and public “architect” – took this virus and made it a part of his presidential campaign. The logic here is “I have the virus. Biden hasn’t. So I’ll make it my weapon against him now”. When you look at what’s been happening during the last two days from this angle, everything becomes clear. And you can expect more of that. That we cannot possibly know the true status of Donald Trump’s health – is a fact. But he, as a politician, is not interested to disclose this fact. He needs tension. He doesn’t want to show an easy victory over the illness just in two days – he wants to use the “marketing resource” of being sick with COVID-19 to the maximum. So he drives out the Walter Reed Hospital and waves a hand to his supporters who shout “we love Trump” and “God bless our president”. Never mind that it is not advised to get out of the isolation in any way – even if you are a US president – as long as you have COVID-19, and Trump not only endangers the people around him but makes people gather around the hospital when they are supposed to socially distance. In the end – whenever it is – Trump will credit the victory over the virus to his public image. So he hopes, at least.

Just a fact check

We don’t really know what’s happening to him and how severe is his particular case of COVID-19. We know that he has been given several drugs that are given to different types of patients at different stages of the illness. His health advisors are giving contradictory information and, in some cases, openly admit that they don’t immediately disclose the true reality of the president’s sickness. It was said that Donald Trump is for discharge this Monday but again – how far that is from the truth, we cannot possibly know. Observers are complaining at the same absence of credible information or lack of it. So all we can do now is wait until the sun rises in the US…

Market response

In general, Forex seems to be pretty alive. No strong trends favoring particular currencies are visible in response to the “miraculous recovery” of the US President – rather, some corrections.   

USD/JPY got back up into the channel from the range of 105.00 – 105.20. the 200-MA is still the first resistance to be crossed.

USDJPYH4.png

EUR/GBP keeps descending as it has been, from the September high of 0.9260 to the lows of 0.9040. the latter is a fresh bottom, although the price touched it on September 28 already. Currently, it’s marching upwards in a bullish bounce.

EURGBPH4.png

EUR/USD, as the pair which is “most concerned” with the US President’s health just goes through volatility – what else can you expect… It dropped from 1.1735 to 1.1705, then got back to 1.1735, and now it is again looking downwards  - probably, against at 1.1705.

EURUSDH1.png

Gold rose to $1 915 on the fears of what more can go wrong because of Donald Trump’s illness. But after that, it dropped back to $1 890 saying “ok so he is getting better, no boost for me then”. The general trajectory is still uptrend though, just the sudden spike has been corrected.

XAUUSDH1.png

As always

As you can see, the reaction is pretty diverse, somewhere muted, and contradictory. As expected with Donald Trump, right? Anyway, let's wish him the soonest recovery - aside from all poslitics - and stay updated.

                                                                                                       LOG IN

Semelhante

Touros do petróleo WTI de olho em US$ 83.00
Touros do petróleo WTI de olho em US$ 83.00

A preocupação com a oferta global mais restrita provocada pela escalada do conflito no Médio Oriente poderá impulsionar os preços do petróleo neste início de semana

Últimas notícias

As expectativas dos mercados giram em torno do PCE dos EUA
As expectativas dos mercados giram em torno do PCE dos EUA

Todas as atenções estarão nos preços básicos do PCE (núcleo) dos EUA, que excluem alimentos e energia para o mês de março, com a expectativa de que os números venham abaixo do mês anterior, que registraram um aumento de 0,4%

Deposite com sistemas de pagamento locais

Aviso de coleta de dados

A FBS mantém registros de seus dados para operar este site. Ao pressionar o botão “Aceitar“, você concorda com nossa Política de Privacidade.

Ligue de volta

 1
 93
 355
 213
 1684
 376
 244
 1264
 672
 1268
 54
 374
 297
 61
 43
 994
 1242
 973
 880
 1246
 375
 32
 501
 229
 1441
 975
 591
 387
 267
 55
 246
 673
 359
 226
 257
 855
 237
 1
 238
 1345
 236
 235
 56
 86
 61
 61
 57
 269
 242
 243
 682
 506
 225
 385
 53
 357
 420
 45
 253
 1767
 1809
 593
 20
 503
 240
 291
 372
 251
 500
 298
 679
 358
 33
 594
 689
 241
 220
 995
 49
 233
 350
 30
 299
 1473
 590
 1671
 502
 224
 245
 592
 509
 39
 504
 852
 36
 354
 91
 62
 98
 964
 353
 44
 972
 39
 1876
 81
 962
 7
 254
 686
 850
 82
 965
 996
 856
 371
 961
 266
 231
 218
 423
 370
 352
 853
 389
 261
 265
 60
 960
 223
 356
 692
 596
 222
 230
 262
 52
 691
 373
 377
 976
 382
 1664
 212
 258
 95
 264
 674
 977
 31
 599
 687
 64
 505
 227
 234
 683
 672
 1670
 47
 968
 92
 680
 970
 507
 675
 595
 51
 63
 64
 48
 351
 1787
 974
 262
 40
 7
 250
 590
 290
 1869
 1758
 590
 508
 1784
 685
 378
 239
 966
 221
 381
 248
 232
 65
 421
 386
 677
 252
 27
 500
 34
 94
 249
 597
 268
 46
 41
 963
 886
 992
 255
 66
 670
 228
 690
 676
 1868
 216
 90
 993
 1649
 688
 256
 380
 971
 44
 1
 1
 598
 998
 678
 58
 84
 1284
 1
 681
 2
 967
 260
 263
00:00
00:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00
23:00
23:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00

Um gerente ligará para você em breve.

Alterar número

Seu pedido foi aceito

Um gerente ligará para você em breve.

O próximo pedido de chamada para este número de telefone
estará disponível em

Se você tiver um problema urgente, por favor, fale conosco pelo
Chat ao vivo

Erro interno. Por favor, tente novamente mais tarde

Não perca seu tempo. Acompanhe o impacto das NFP no dólar dos EUA e ganhe dinheiro!

Você está usando uma versão antiga de seu navegador.

Atualize para a versão mais recente ou experimente outro navegador para uma experiência comercial mais segura, confortável e produtiva.

Safari Chrome Firefox Opera