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FED kept its policy unchanged - Wednesday Review, January 27

Miguel A. Rodriguez
Miguel A. Rodriguez
28 Januar 2021
The American stocks slumped to their worst day in three months

The US

Stocks suffered their most significant one-day percentage drop in three months, driven by the FED's latest policy decision. USA30 fell 2.05%, while USA500 traded 2.57% lower. TECH100 dropped 2.61%.

Crude oil added 0.7%, reaching $52.95 per barrel.

Gold lost 0.3% settling at $1,844.90 per ounce.


Asia and Australia

HongKong45 added 0.15% after a flash lockdown in Yau Ma Tei's section was implemented and lifted in less than a day.

Japan225 traded 0.28% higher after the current state of emergency could allegedly be extended until the end of February.

Down under, Australia200 was down 0.78% after the economic data showed that the CPI (Consumer Price Index) rose 0.9% both quarterly and yearly in the last three months of 2020.



The markets traded mixedly as investors focused on corporate earnings, the FED, and the COVID-19 vaccine rollout, given that many countries slowed down their vaccines delivery to their populations. Germany30 traded 0.5% lower, while France40 added 0.1%. UK100 dropped 0.2%.

Brent oil closed up 0.8% at $55.09 a barrel.

EUR/USD reached 1.2147 after it lost 0.1%.







Miguel A. Rodriguez
Miguel A. Rodriguez

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