The US
The American benchmarks moved higher after the lockdown measures eased in New York City and because the economy seems to recover. USA30 added 1.7%, while USA500 went up 1.20%. TECH100 gained 1.13%.
Oil lost 3.4% or $1.36 to settle at $38.19 per barrel, this being the most significant drop since May 28. Brent Oil dropped by 3.5% or $1.50 to $40.75 per barrel, the most significant daily loss since May 27.
Gold lost 0.22% to $1,701.35
The Dollar Index was down 0.23%.
Asia and Australia
The Asian markets followed their American counterparts and ended the day in the green.
HongKong45 went up 1.6%.
Japan225 added 1.4%.
ASX added 2.6%.
AUD/USD traded at $0.7040 – a ten month-high.
Europe
The European market traded lower after industrial production for April went down almost 18%. Europe50 dropped 0.3%. Germany30 lost 0.22%, while UK100 fell 0.4%, while France40 shed 0.8%.
GBP/USD reached a three-month high after it traded at $1.2755.
EUR/USD traded at $1.1304.
EUR/GBP fell 0.09% to 0.8893.
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Sources: marketwatch.com, investing.com
