The beginning of this week is full of events. US stock indexes will remember November 21 for a long time: the Dow Jones Industrial Average index has reached its historic highs. The flagship index S&P500 and Technology Sector Index NASDAQ have the same dynamics . After the end of trading session in US Donald Trump published a release in which he informed about an intention to quit TTP as a part of the plan for the first 100 days of his presidentship. Prime Minister of Japan Shinzō Abe said that the TPP would be "meaningless" without the involvement of the US.
If US quits the deal we will witness fundamental changes in the world infrastructure as more than a third of the world countries are the part of it.
On Monday November 21 the following companies increased their shares price: Range Resources Corporation (+6,97%); Chesapeake Energy (+6,36%); Marathon Petroleum (+8,94%). All these companies are attractive for investment looking out for the structural changes that will be done by Donald Trump (increasing of investment in hydrocarbon sector and infrastructure project and leaving Trans-Pacific Partnership trade deal).
The review is done by FIBO Group analyst Mikhail Khlestunov.
|By clicking "Continue" you will be redirected to the website operated by FIBO Group Holdings Limited, a company registered in Cyprus and regulated by CySEC. Please familiarize yourself with the Terms of Business through the link. Click "Cancel" to remain on this page.|