Trade war fears send shudder through stock markets

After 80 past bearish trade events, Crude Oil (WTI) moved a median -2.2% over 5 sessions (30% higher; middle half -6.9% to +0.8%), and -1.5% over 20.

• Aug 23, 2019New Trade War Escalation Sends Shockwaves Through Oil Markets | OilPrice.com+2.4%
• May 23, 2019Oil gets clobbered as trade war fears mount | CNN Business-4.2%
• Aug 25, 2019Oil Markets Hit Hard By Trade War Escalation | OilPrice.com+1.8%
• May 24, 2019Trade War Slams Crude Oil, Stocks and Bond Yields-2.1%
• Jun 2, 2019Crude posts worst May in seven years as trade-war anxiety builds+0.9%

After 56 past bearish trade events, Crude Oil (Brent) moved a median -5.6% over 5 sessions (20% higher; middle half -9.0% to -1.7%), and -4.5% over 20.

• May 23, 2019Oil gets clobbered as trade war fears mount | CNN Business-4.6%
• May 24, 2019Trade War Slams Crude Oil, Stocks and Bond Yields-3.6%
• Jun 2, 2019Crude posts worst May in seven years as trade-war anxiety builds-2.9%
• Aug 5, 2019Oil Slumps Into Bear Market as Trade Tensions Feed Demand Angst - Bloomberg-5.8%
• May 31, 2019Oil Prices Slide on Trade Tensions and China Fears-8.8%