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Mixed session for the global markets - Thursday Review, February 11

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Miguel A. Rodriguez
Miguel A. Rodriguez
12 únor 2021
Stimulus talks, and corporate earnings stole the show once again

The US

USA30 fell 0.02%, while USA500 gained 0.17%. TECH100 went up 0.38%. The mixed investors feeling came after President Joe Biden told a group of senators that the US must “raise its game in the face of the challenge from China.” Moreover, fiscal stimulus talks are a few steps away from dragging, as Democrats are not in agreement to raise the minimum wage.

Crude oil lost 0.6% trading at $58.35 a barrel.

Gold rose 0.1% to $1,843.30 per ounce.

 

Asia and Australia

Markets were lower as investors focused on the weaker-than-expected US inflation data.

HongKong45 traded 0.81% lower.

Down under, Australia200 lost 0.03%.

 

Europe

Stocks edged higher driven by solid earnings reports. Germany30 and UK100 each traded 0.5% higher. France40 rose 0.4%.

Brent oil fell 0.6% to $61.09 per barrel.

EUR/USD added 0.1% reaching 1.2123.

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.