Expert Evaluated the Global Market

Expert Evaluated the Global Market The expert, who participated in the Bloomberg HT publication, evaluated the global market. CMC Markets Market Analyst David Madden answered questions about the rally in the global markets following the coronavirus vaccine announcement by Pfizer. The positive statements made by the pharmaceutical company Pfizer on the coronavirus vaccine on Monday have greatly mobilized stocks in global markets. CMC Markets Market Analyst David Madden, who participated in the Bloomberg HT publication, stated in his assessment on the subject that after Pfizer's announcement, there has been an unprecedented movement in the markets for years, and even some airline shares have gained 20 percent. Stating that famous accommodation companies were also included in the rally, Madden stated that during the epidemic process, these companies turned their losses into gain after a long period. Commenting on the drop in gold prices despite the recovery in the markets, Madden said, "Gold is still a safe haven no matter what happens."