A financial market graph on a tablet.

3 Updates From the Global Financial Market

To be active in the financial market, you need to stay on top of your game and educate yourself about the various worldwide market trends.

The global financial market consists of the Eurocurrency, market for foreign exchange, the international capital market, equity trade market, commodity market and other related money markets. Changes in one sector can have a ripple effect on other parts of the finance world.

The previous monarchs of the finance world, such as the International Monetary Fund (IMF) and commercial banks, have passed on the throne to disintermediated private bodies. This marked an enormous shift in the financial market. The market power has changed hands from banks to private corporations.

Let’s look at some updates from the global financial market.

Financial Stability Board Calls For A Regulatory Body

The Treasury market led to a significant financial meltdown in March this year. This marked significant financial instability and risk that needs reform. The watchdogs of the global financial stability have proposed a need to form a regulatory body that monitors the risks and stabilizes such turbulences.

Many firms serve as intermediaries in the financial market and need to be made more resilient. The Financial Stability Board has reported that the financial market suffers from the risk of further liquidity strains that can crush the market in the next blow. The not-so-novel coronavirus led to inactivity in Treasury bonds investments as investors were gripped by paranoia and money markets froze. If the pandemic is here to stay, there needs to be a better plan of action in place.

Global Financial Services Application Market

The newest release of the Global Financial Services Application Market report by DataIntelo offers insight into the financial world.

DataIntelo is a leading market research firm in the world that offers syndicated industry research reports. The research firm caters to many industry verticals such as IT & Telecom, Healthcare, Chemicals and Energy, Food Beverage, Automotive, Consumer foods, and Food and beverage.

The report discusses the impact of COVID-19 on the Financial Services Application market and predicts the financial market’s future. It analyzes how the pandemic has disrupted the market demand and supply chain and waves to protect the world from an economic recession in the coming year. If you’re looking for intensive research on the industry trends to get a complete picture, this report is your holy grail.

Stocks Hit Low After a Recent Boom

On 18 November, the stocks were recorded on an all-time high, but the numbers fell drastically in the last few hours of trading. The shift could be attributed to the closure of New York City public schools. The news had a downward pressure on all the major indexes.

The Dow Jones Industrial Average decreased by 1.2%, and simultaneously the S&P 500 also fell by the same rate. Boeing’s shares also shed by 3% by the day-end, even though they were in the lead in the morning. After releasing news of the new vaccine, Pfizer picked up by 1% as the efficacy rate hit 95% in the clinical trials. 

Are you overwhelmed by all this news? It’s good to read the news, but it’s better to have someone interpret them for you and help you make accurate financial decisions. Consult with our financial consultant for personalized financial planning services in Santiago. I, Steven J Gillespie, offer financial consultancy to foreign nationals for savings, investments, and wealth management. I care for your happiness, value your time, and available to help you out of financial distress. Reach out to me today.

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