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CRYPTOVALUES SHAKE THE MARKET IN THE FIRST HALF OF 2017

CRYPTOVALUES SHAKE THE MARKET IN THE FIRST HALF OF 2017

Markets are always on the move, so sometimes it is okay to do some analysis. Half of 2017 is already over, let’s find out where the investors have invested so far. Here is the list of the best and worst assets chosen by traders to diversify their portfolios over these six months.

The first half of 2017 is officially over. Although the last analysis does not seem to be so far and since we like these things, here is the list of the best and Worst securities, currencies, stock markets and commodities in the first half of 2017.

We would like to start with the least surprising thing that is the protagonist Exchange Rate in the Forex market: EUR / USD.

The euro dollar exchange rate is the first for a positive change in the first half of 2017. Obviously, the upward trend is due to the appreciation of the euro and the weakness of the US dollar after the worsening of the fundamentals affecting the stronger economy of the entire economic scenario.

The second for positive change is AUD / USD which raises 6,35%. NZD / USD is in third place with + 5,46%.

After the sixth place, we find USD / CAD which has a negative variation of 3,32% and USD / JPY with -4,20%. The Yen devaluation is caused by the Bank of Japan’s efforts to fight the deflation.

Moving from forex to commodities the situation is not so exhilarating. The commodities market, which has always been considered as a good shelter to the instability set by the various policies undertaken by sovereign states, is the worst since the beginning of 2017.

Palladium wins as best material (+24,58%) before the year and enter also in the ranking of the best investments in the first half of 2017. After the Palladium, the second place is for Grain with +13,51% and only third the Gold with +8,09%.

Brent, WTI and Natural Gas are in the last positions with a very negative variation.

The first surprise comes talking about stock markets where the best stock index among the world benchmarks is Athens with Athex, which recorded a +27,36% increase thanks to a strong rally launched at the end of April.

The major stock indexes have been positive, especially for the United States and Asia. The second strongest market was South Korea (+18,03%) followed by Hong Kong and Nasdaq to fourth place with a change of +16,23%.

We can immediately understand why the Nasdaq is the strongest stock index in the US as it collects the major actions of technological giants such as Microsoft and Amazon who dominate the market.

The second European index is ranked sixth and it is the Spanish IBEX followed by the indices of Switzerland, Germany and Italy.

After going into detail, it is the time to reward the best and worst investment in 2017.

The worst investments of the first half of the year are all occupied by commodities, first of all the orange juice, which is negatively affected by 28,64%.

At the 6th position we find the RTX RUB, Russian index, and the to the ninth the worst exchange rate USD / CHF.

The highest return on investment in the first half of 2017 goes to Ripple. Ripple is one of the most widely used cryptovalues in the last year. For some of you it may seem strange, for others no, since Ripple with Ethereum, Dash, Litecoin and Bitcoin are the most popular investments in the latter period.

Cryptovalues have picked high records confirming the positive momentum of digital currencies that are spreading very fast.

Also central banks are studying criptovalutes with the intention of entering the digital currency market and revolutionizing it.

 

The post CRYPTOVALUES SHAKE THE MARKET IN THE FIRST HALF OF 2017 appeared first on Soloforex.



This post first appeared on Stock Market News And Financial Industry Updates, please read the originial post: here

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