Oil makes the markets drop - Tuesday review, April 21

Oil makes the markets drop - Tuesday review, April 21

Oil made a massacre out of the benchmarks. Major indices lost all over the world.

The U.S

On Wall Street, the losses were significant, as the Oil price is still low. USA500 lost 3.07%, and TECH100 dropped by 3.48%. USA30 fell 2.67%.

Although Oil traded negative for the first time in history, it managed to recover some ground, but not enough to calm the investors: Brent Oil traded yesterday at $18.62 per barrel. This week only, it lost 33.7%.

June Oil futures traded at $12.78 per barrel.

ICE gained 0.02% to 100.3953.

Gold rose 1.11% to $1,706.60 per ounce as a response to Oil futures losses.


Asia and Australia

Japan225 lost 1.3%, ASX shed 0.6%.

USD/JPY was steady at 107.75.

AUD/USD gained 0.48% to 0.6310, and NZD/USD rose 0.24% to 0.5970.


Europe

Europe50 lost 1.5%, while UK100 lost 3%.

GBP/USD lost 0.02% to 1.2290.


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Sources: cnbc.com, yahoo.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.