Markets ended on the negative territory as the number of infections keeps on rising.
The American benchmarks recorded the worst session they had in two weeks, as States reported a sharp increase in the number of COVID-19 infections. USA30 fell 2.7%. USA500 shed 2.6%, while TECH100 snapped out of the record gains it had the previous day and ended on -2.2%.
The Dollar Index rose 0.48% to 96.07.
Gold broke the winnings chain and fell 0.4% to $1,775.10 per ounce.
Asia and Australia
Even though the number of infections continues to increase, the market paid attention to tensions between China, Hong Kong, and Macau, as the National People's Congress Standing Committee is set to meet this weekend. The security law could be enforced before July in Hong Kong and Macau.
HongKong45 was down 0.05%.
The European benchmarks closed lower yesterday as new outbreaks have been reported, and various areas are again in lockdown. Germany30 led the losses as it dropped by 0.8%. UK100 fell 0.7%, while France40 was down 0.6%.
EUR/USD slid 0.1% to 1.1300.
GBP/USD fell 0.76% to $1.2422.
Are you always on the move? Don't worry! Download our app, and stay informed!
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.