Five Reasons Affecting the Markets

Stocks are sharply lower, with European stocks trading ugly right from the start. Germany is down more than one percent, and is lodged at the lowest levels in nearly three months.

Several factors are moving our markets, including:

1) The rhetoric in Ukraine is getting downright vitriolic.
2) Adidas cites Russian exposure risk.
3) Portuga’s Banco Espirito Santo posted a $4.8 billion loss.
4) We saw the 10-year yields spike to over 2.6 percent.
5) Argentina’s default.

via CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza