Markets are trying to rebound, Monday Review, April 13

Markets are trying to rebound, Monday Review, April 13

Markets had a mixed day. The American securities weren’t impressed by the historic cut made by OPEC+. In Europe, the number of COVID-19 infections is decreasing.

The U.S.

USA30 fell by 1.39%. USA500 dropped 1.01%, but TECH100 gained 0.48%.

Oil prices barely moved yesterday. Oil gained 27 cents to trade at $22.68, while Brent Oil went up 51 cents to $32.25.

Gold is on a rally, approaching fast $1,800 an ounce after less than a month ago was in the $1,400s. Yesterday it went up 1.1% to $1,779.90 per ounce.

Asia and Australia

Japan225 gained 2.2% after the Bank of Japan is said to have discussed measures to ease the corporate funding strains. ASX went up 1.1%.

USD/JPY traded at 107.62

AUD/USD gained 0.6% to $0.6420.


Europe

Unlike the American counterparts, European stock markets traded higher: Germany30 gained 0.3%, France40 was up 1.7%, and UK100 rose 0.2%.

EUR/USD went up 0.3% to $1.0945.

GBP/USD gained 0.44% to 1.2563.


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Sources: cnbc.com, investing.com, seekingalpha.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.