Losses were predominant on the international markets - Wednesday review, May 6

Losses were predominant on the international markets - Wednesday review, May 6

The majority of benchmarks ended in the red.

The US

USA30 dropped by 0.91%. USA500 lost 0.70%, while TECH100 gained 0.51%.

Brent Oil fell 4% to trade at $29.72 per barrel after it rebounded 55% during the past six trading sessions.

Oil was down 2.3% to $23.99 per barrel after it doubled in value over the past five trading sessions.

ICE gained 0.05% to 100.185.

Gold was up 0.66% to $1,671.75 per ounce.


Asia and Australia

Japan225 lost 0.10% once the banking holiday ended.

HongKong45 was down 0.40% after Budweiser APAC released negative financial report for the first quarter.

ASX closed 0.42% lower, after financials, industrial, and A- REIT sectors lost in yesterday's session.

USD/JPY added 0.05% to 106.19.

AUD/USD lost 0.31% to 0.6420.

USD/CNY lost 0.09% to 7.0969 after the U.S. Secretary of State reiterated the accusations against China regarding Covid-19 origin.


Europe

Yesterday was a gloomy trading session for most European benchmarks. Europe50 lost 0.1%, after Tuesday it had the biggest gain since April 17 – 2.1%. Germany30 dropped by 0.2%, and France40 lost 1%.

UK100 is the only one that scored some gains yesterday – 0.07%.

GBP/USD lost 0.14% to 1.2323, reaching the lowest level in two weeks, although Boris Johnson announced lockdown easing measures starting next week.

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Sources: marketwatch.com, investing.com, reuters.com

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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.


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.