If certain measures are taken on financial markets in one country, market participants expect that other (neighboring; economically closely related to the country) countries will soon take the same or similar precautions. They therefore react accordingly. – See Animal Spirits, Financial Psychology, Fear Thesis, Payday Rule of Thumb.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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