The main reasons - and all are geopolitics:
- Trumps tradewars on China, NAFTA, Europe
- Geopolitical tensions on Syria, North Korea, Russia
- Upcomming First round of election in France
What traders missed: Stockmarkets "underlying" - Global economic Data. This data and upcomming still comming in above expectations. In the next tradingdays better than expected economic data will meet fears wich might be much overdone. Once more.
China has more options to press North Korea than people think, says former CIA China analyst
Extreme fear: During the last five trading days, volume in put options has lagged volume in call options by 31.10% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.
Last changed Apr 11 from a Fear rating Updated Apr 17 at 2:33pm
Quote: NEW YORK (Reuters) - U.S. stocks rose on Monday after the S&P 500 closed the previous session at a two-month low, in a broad rally lead by recently beaten-down bank and tech shares. Market focus shifted from geopolitical tension to earnings, with several Dow components, including Goldman Sachs (NYSE:GS), General Electric (NYSE:GE) and Johnson & Johnson (NYSE:JNJ), scheduled to release results later this week. Source: https://www.investing.com/news/stock-market-news/futures-dip-on-soft-u.s.-data,-geopolitical-risks-474631
- British PM May calls for early election to strengthen Brexit hand
U.S. industrial production rises in line with expectations in March
IMF raises global growth forecast, warns against protectionism
French Election Shocker: Pollsters Baffled by Four-Way Race
Overall result for Ipsos Mori still shows Theresa May ahead by five points - but the gap is narrowing in Jeremy Corbyn's favour