Losses all across the board - Wednesday review, April 15

Losses all across the board - Wednesday review, April 15

After a few days of sustained growth, equities finished lower yesterday. As volatility returns to normal, markets mark down sector after sector affected by the pandemic.

The U.S

If Tuesday was a good day for the market, the same could not be said about Wednesday, when all indices dropped. USA30 and TECH100 lost more than 1% each, 1.86%, and 1.44%, respectively. USA500 lost 2.20%.

Oil was steady at $19.90 per barrel, while Brent Oil went up 28 cents to $27.92.

ICE gained 0.73% to 99.831.

Gold lost more than it gained in the past couple of days, dropping 1.46% to $1, 743 per ounce.


Asia and Australia

Japan225 fell 1.3%, as surveys show that the previous stimulus package is not enough the save an already close-to-recession economy.

Australia’s ASX lost 1.30%, even though the number of unemployed people wasn't as significant as expected when releasing the report.

AUD/USD traded at $0.6273.

USD/JPY gained 0.4% to 107.86.


Europe

Europe50 lost 2.1%, putting an end to five days of winnings.

Germany30 and France40 each dropped by more than 2%. UK100 lost 2.3%

EUR/USD dropped 0.25% and traded at $1.0875.

GBP/USD fell 0.2% to $1.2482.

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Sources: marketwatch.com, investing.com

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The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.