The global markets focused on the ever-rising number of COVID-19 infections
The US
The rising number of COVID-19 infections made multiple states reimpose lockdowns and also caused the markets to end in the red. USA30 fell 1.1%, while USA500 traded 1.01% lower. TECH100 dropped 0.65%.
Crude oil settled down 0.8% at $41.12 per barrel, while Brent slipped 0.6% to $43.53.
Gold went up 0.2% reaching $1,865.05 per ounce.
Asia and Australia
HongKong45 lost 0.43% even after one of the largest Asian companies – Tencent posted higher-than-expected quarterly figures, its stock price surging after the announcement.
Japan225shed 0.53%.
Down under, Australia200 fell 0.54%.
Europe
Germany30 and France40 each lost 0.7%. UK100 went down 0.8%. The decrease came after the European Central Bank President Christine Lagarde cautioned that the world expects too much too soon from a COVID-19 vaccine.
EUR/USD traded at 1.1787.
Sources: cnbc.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.
