What are the top 10 economic events that influenced global markets this year?

1. COVID-19 pandemic: The outbreak of the coronavirus pandemic and subsequent lockdown measures had a significant impact on global markets. It led to widespread economic disruptions, stock market volatility, and a sharp decline in economic activity.

2. Central bank actions: Central banks around the world have taken unprecedented measures to stimulate their economies, such as lowering interest rates, implementing quantitative easing programs, and providing liquidity support to financial markets.

3. U.S. Presidential election: The U.S. Presidential election has had a notable influence on global markets, with investors closely monitoring the potential policy changes under President-elect Joe Biden’s administration and the impact on international relations and trade.

4. Trade tensions between the U.S. and China: The ongoing trade tensions between the world’s two largest economies, the United States and China, have created uncertainties and fluctuations in global markets. Tariffs, retaliatory measures, and talks of decoupling supply chains have impacted various industries.

5. Vaccine developments: The development, approval, and distribution of COVID-19 vaccines have had a profound impact on global markets. Positive vaccine news has driven market optimism, particularly in industries such as travel, tourism, and hospitality.

6. Government stimulus packages: Many countries have implemented substantial fiscal stimulus packages to mitigate the economic impact of the pandemic. These measures have supported businesses, individuals, and sectors affected by the crisis.

7. Oil price volatility: The oil market experienced significant volatility due to a combination of reduced demand during lockdowns and production disagreements between major oil-producing countries. This volatility influenced energy markets, currencies, and global inflation expectations.

8. Brexit negotiations: The protracted negotiations between the European Union and the United Kingdom on their post-Brexit relationship have affected global markets. Uncertainty over trade terms, regulatory frameworks, and potential disruption to supply chains have had implications for investors and businesses.

9. Monetary policy shifts: Multiple central banks, such as the Federal Reserve, European Central Bank, and Bank of England, have indicated their intention to keep interest rates low for an extended period. These shifts in monetary policy influence borrowing costs, asset valuations, and investment decisions globally.

10. Technology sector rally: The technology sector, including prominent tech companies like Amazon, Apple, and Tesla, experienced a significant rally this year despite the broader economic challenges posed by the pandemic. The outperformance of this sector influenced market sentiment and investment strategies.