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Global shares ended mostly on a down note - Thursday Review, November 19

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Miguel A. Rodriguez
Miguel A. Rodriguez
20 November 2020
The American benchmarks reversed losses amid talks about a new stimulus package

The US

The rising number of COVID-19 infections seems to have put the stimulus package back on the table. The benchmarks reacted positively to the news, leaving behind the high number of unemployment claims. USA30 went up 0.18%, while USA500 rose 0.36%. TECH100 gained 0.87%.

Crude oil traded 0.8% lower at $41.66 per barrel.

Gold fell 1% to $1,855 per ounce.

The Dollar Index closed at 92.575.

 

Asia and Australia

The news regarding AstraZeneca’s vaccine was overshadowed by the new restrictions meant to curb the COVID-19 infections.

HongKong45 fell 0.77%.

Japan225 lost 0.77%.

Down under, Australia200 closed 0.17% lower.

 

Europe

Despite AstraZeneca's positive data regarding its experimental COVID-19 vaccine, the markets ended in the red. Germany30 and UK100 each traded 0.9% lower. France40 lost 0.8%.

Brent oil inched 0.5% lower to $44.11 a barrel.

EUR/USD traded at 1.1831 after losing 0.2%.

Sources: investing.com, reuters.com

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.