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Global markets continue to rally - Monday Review, February 15

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Miguel A. Rodriguez
Miguel A. Rodriguez
16 Februar 2021
Shares hit fresh highs, as vaccine rollouts gained momentum

The US

Markets were closed for the President Day holiday.

Crude oil traded 1.2% higher at $60.21 per barrel.

Gold dipped 0.2% to $1,819 an ounce.

 

Asia and Australia

The new US stimulus package and optimism about the rollout of COVID-19 vaccines led the Asian markets to close in the green. Japan225 climbed 1.9%, reaching a five-year high.

Down under, Australia200 rose 1.91%.

USD/JPY was up 0.25% to 105.19.

 

Europe

Stocks closed higher as the European Union announced fast track approval for COVID-19 vaccines. Germany30 traded 0.3% higher. UK100 was up 2.2%, and France40 rose 0.8%.

Brent oil gained 1.2% to $63.15 a barrel.

EUR/USD went up 0.2% at 1.2138.

Sources: investing.com, reuters.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.