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COVID-19 vaccines shortage dragged markets lower - Thursday Review, January 28

Miguel A. Rodriguez
Miguel A. Rodriguez
29 January 2021
European shares reached one-month low amid pandemic-related issues

The US

Stocks ended in the green, driven by the latest economic readings that point to a steady recovery. Also, the number of unemployment claims came in lower-than-expected. USA30 rose 0.99%, while USA500 added 0.91%. TECH100 gained 0.50%.

Crude oil traded 0.7% lower at $52.50 a barrel.

Gold fell 0.4% to $1,837.60 per ounce.


Asia and Australia

The markets were down after some of the largest companies, such as Tesla, Starbucks, and Boeing, reported disappointing quarterly earnings. Japan225 was down 1.21%.

HongKong45 fell 2.23%.

Down under, Australia200 lost 2.10%.



The mood on the markets was affected by the slow rollout of COVID-19 vaccines. Moreover, various countries are preparing new entry restrictions for travelers from certain parts of the world. Europe50 fell 1.9%, and Germany30 lost 1.7%. France40 and UK100 closed 0.9% and 1.4% lower, respectively.

Brent oil fell 0.6% to %55.20 per barrel.

EUR/USD traded at 1.2102 after it lost 0.1%.

Read here about the latest US unemployment claims report!


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.