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All significant markets gained yesterday - Tuesday Review, May 5

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
Healthcare and technology were the best movers

The US

USA30 added 0.56%, and USA500 gained 0.9%. The star of the day was TECH100, which rose 1.13%.

Oil rose 19.57% to $24.38 per barrel. Brent Oil gained 12.46% to trade at $30.59 per barrel. 

Gold was down 0.23% to trade at $1,709.40 per ounce.

ICE lost 0.11% to 99.873.


Asia and Australia

HongKong45 gained 0.66% once the Chinese markets opened after the holiday.  

ASX dropped by 0.58% after the retail turnover for March rose 8.5%.

USD/JPY lost 0.19%.

USD/CNY gained 0.44% to 7.0910.

AUD/USD dropped by 0.03% to 0.6428.


Europe

UK100 added 1.3% after a couple of petroleum companies rallied due to the increase in Oil price. 

Germany30 gained 2.51% after technology, retail, and financial services sectors traded higher.

France40 went up 2.40% after food & drugs, general financial, gas & water sectors gained during yesterday’s session. 

GBP/USD shed 0.04% to 1.2429.

EUR/USD lost 0.61% to 1.0840.

EUR/GBP fell 0.52% to 0.8718.


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

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.