Blogs
5 ago 2024
This monday we discuss Markets: the american, japanese, and crypto
Last week was marked by significant movements in global financial markets, with a special focus on the American, Japanese, and cryptocurrency sectors.
American market: Decline in tech stocks
Tech stocks in the United States closed the week with a notable decline, completing the largest three-week losing streak in the past two years. Companies like Amazon and Intel led this decline, experiencing significant drops in their values. Amazon suffered an 8% drop, while Intel lost 7% of its market value. Investors showed concern about growth prospects in the tech sector, leading to a massive sell-off of stocks and increased market volatility.
Japanese market: Reactions to monetary policy
In Asia, the Japanese market also showed signs of instability. The Nikkei index was affected by speculations regarding the Bank of Japan's monetary policies. Investors were attentive to possible changes in the yield curve control strategy and other economic stimulus measures. This atmosphere of uncertainty resulted in a 2% drop in the Nikkei index, reflecting investor caution towards future economic moves. ("The Nikkei index, one of the main indicators of stock market performance in Japan, includes the 225 largest and most representative companies listed on the Tokyo Stock Exchange.")
Cryptocurrency market: Bitcoin and Ethereum crash
The cryptocurrency market experienced a significant shake-up, with a total value loss of $270 billion. Major cryptocurrencies like Bitcoin and Ethereum saw significant price drops. Bitcoin fell 15% in a matter of days, while Ethereum recorded a 12% decrease. This slump was attributed to a combination of factors, including regulatory concerns and a growing risk aversion among investors. The extreme volatility in the crypto market once again highlighted its speculative nature and susceptibility to rapid changes in market sentiment.
Final thoughts
Last week made it clear that global markets face a series of challenges influencing investor decisions. From the decline in tech stocks in the United States to the uncertainty in Japan and the volatility in the cryptocurrency market, recent movements underscore the importance of staying informed and prepared for constant fluctuations in financial markets.
Stay tuned to our upcoming publications for continuous analysis and updates on these and other relevant topics in the financial world.