FxPro Lead Analyst expressed his opinion on the market correction
FxPro analyst Alexander Kuptsikevich says that former US President Donald Trump has "added fuel to the correction fire" of global markets. He did not approve a $ 900 billion bailout package for the American economy. Before leaving, Trump said that there are many useless and unnecessary expenses in the economic aid package.
According to Kuptsikevich, such words of the ex-president and support of his opinion by some lawmakers will play a bad role for financial markets. Moderately alert moods persist. “The initial panic around the mutated coronavirus has passed, but market participants are still cautious,” the expert concluded.
People are afraid of new lockdowns and freezing of the economy, so they try to make informed decisions when investing. This is undoubtedly the most correct approach to date. Otherwise, you can simply lose your money.
Note that you can get acquainted with all the pros and cons of the broker in the FxPro expert review on our portal.