The second wave of COVID-19 convinced countries to impose new strict lockdowns
The US
USA30 fell 3.43%, marking the most significant daily decline since July. USA500 went down 3.52%, and TECH100 slumped 3.73%. The drops resulted from the new lockdowns rumored to curb the sharp rise in COVID-19 infections.
Crude and Brent Oil each lost 5% and settled at $37.39 per barrel, and $39.12, respectively.
Gold inched down 1.7% to $1,879.20 an ounce.
Asia and Australia
Japan225 was down 0.24% ahead of the Bank of Japan monetary policy announcement.
HongKong45 fell 0.46%.
Down under, Australia200 gained 0.31% after the country’s Consumer Price Index (CPI) rose 1.6% in the past quarter.
USD/JPY lost 0.21% to 104.19.
Europe
The benchmarks closed in the red after countries such as France and Germany announced lockdowns that will take effect starting Friday and Monday, respectively, to curb the second wave of COVID-19 infections.
Europe50 lost 3%. UK100 slipped 2.6%, reaching its lowest level since April 3.
Germany30 went down 4.1%, finishing at a level unseen since May 26.
Sources: marketwatch.com, investing.com
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.
