Mixed day for securities - Tuesday Review, April 7

Since the start of the quarter, there seems to be no general trend idea for global markets – a motley mix is what we see most of the days.

The U.S.

The falling rate of hospitalized people and the drop in new cases didn’t do much for the market on the second day of the week: USA30 fell 0.12%. USA500 dropped 0.16%, and TECH100 fell 0.33%.

Some major banks managed to close higher with JP Morgan gaining 2%, and Goldman Sachs 5%.

Another day of gains for Oil, as the OPEC+ videoconference that takes place this Thursday brings hope back on the table. Brent Oil went up 2.4% to $32.62 per barrel, and Oil rose 5.5% to $24.93 per barrel.

ICE gained 0.2% to 100.170.

Gold dropped back to $1,645 per ounce.


Asia and Australia

Japan225 keeps on rising. Yesterday it added 0.4%, as the government approved the $990 billion stimulus package meant to ease the impact of the pandemic. The third one in less than 2 months.

USD/JPY lost 0.1% to 108.80.

AUD/USD was down 0.6% to $0.610.


Europe

European markets followed their Asian counterparts and closed higher, with Europe50 gaining 1.7%. Also, UK100 was up 2.7%.

EUR/USD fell 0.2% to $1.0865.

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Sources: marketwatch.com, cnbc.com, investing.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.