The markets extended loses as the virus continued to wreak havoc
The US
The markets switched their focus from the stimulus package to the rising number of COVID-19 infections. As of yesterday, the States have reported more than 8.7 million infections. USA30 lost 0.80%, while USA500 closed 0.30% lower. TECH100 went up 0.64%.
Brent Oil gained 0.87% at $40.81 per barrel. Crude was up 0.78% at $38.86.
Gold added 0.32% to $1,907.64 an ounce.
Asia and Australia
The benchmarks fell as investors were fearful of the ever-rising number of COVID-19 infections. Japan225 dropped 0.11%.
HongKong45 slid 0.76%.
Down under, Australia200 closed down 1.7%, marking its worst session in a month.
USD/JPY lost 0.03% to 104.78.
Europe
Europe50 and Germany30 each fell 0.9%. France40 slipped 1.6%, reaching a one-month low.
The drops came as the markets are worried about a new economic fallout. In Germany, Chancellor Angela Merkel announced a potential “lockdown light” of bars and restaurants.
Sources: marketwatch.com, reuters.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.
