The below shorts illustrates the news and social media sentiment trend for the week. Stocks Momentum Halted by the British Virus. The new rising directions in the Covid-19 cases in the U.S and most European countries turn the sentiment into the neutral-negative mode for the week. The U.S Consumer confidence has seen a short-term dip, and weekly jobless claims rose unexpectedly.
Looking ahead to 2021, many Wall Street analysts have a favourable view of three equity sectors: energy, healthcare, and information technology.
The European Key Indexes, FTSE MIB and CAC-40 were negative sentiment trends for the week on the new variants Covid spreads. On the other side, Dax-30 and FTSE-100 Indexes turns neutral on the Brexit trade deal has reached an agreement.
In contrast to the U.S and European market, the most APAC benchmark indexes turn in to positive direction in sentiment trend for the week. Nikkei-225, HIS-50, SSE-50 and Nifty Indexes are showing the optimistic sentiment trend. On the other hand, ASX-200 and Kospi-100 Indexes are in neutral mode.
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