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Global markets mixed as investors wary of the FOMC meeting - Tuesday Review, March 16

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Miguel A. Rodriguez
Miguel A. Rodriguez
17 březen 2021
Asian and European markets were boosted by optimism about the global economic recovery, and strong corporate earnings

The US

Stocks snapped out of the five-day winning rally as investors worried over the upcoming FOMC meeting. USA30 fell 0.39%, and USA500 went down 0.2%. TECH100 gained 0.1%.

Crude oil lost 1%, reaching $64.65 a barrel.

Gold rose 0.1% to $1,730.45 per ounce.

 

Asia and Australia

Asian markets were up amid growing optimism regarding a global economic recovery and ahead of the two-day FOMC meeting.

HongKong45 was up 0.39% after the registration for the COVID-19 vaccine opened for 5.5 million more people.

Japan225 gained 0.70%.

Down under, Australia200 surged 1.23%.

 

Europe

Despite Volkswagen’s strong earnings, the fresh COVID-19 concerns caused investors to be cautious. Germany30 traded 0.5% higher, while France40 went up 0.1%. UK100 climbed 0.5%.

Brent oil fell 0.9% to $68.23 a barrel.

EUR/USD traded at 1.1926 after it lost 0.1%.

Sources: reuters.com, investing.com

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.