Market Insight August 19, 2018

Weekly Commentary & Strategy

Last week the U.S. market except NASDAQ tech index, managed to close positive, but Europe struggled. The Financial and currency turmoil in Turkey and worrisome over U.S. and China trade war were among the negative factors, which caused the market loss. On the other hand, strong second-quarter earnings and, finally, U.S. announcement to meet with China to have a first negotiation to resolve their trade- war moved mainly U.S. markets higher on Friday….