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Global stocks closed largely higher amid positive economic news - Thursday Review, March 11

Miguel A. Rodriguez
Miguel A. Rodriguez
12 March 2021
World stocks rose to records after economic news calmed investor worries

The US

President Biden signed the $1.9 trillion stimulus into law, boosting the markets. As a result, USA30 added 0.98%, and USA500 rose 1.44, both hitting new records. TECH100 was up 2.7%.

Crude oil traded 1.1% higher at $65.13 per barrel.

Gold rose 0.9% to $1,737.35 per ounce.


Asia and Australia

The markets traded mostly higher, driven by their American peers' rally. HongKong45 gained 1.61%.

Japan225 was up 0.62%.

Down under, Australia200 lost 0.178%.



Stocks edged higher, boosted by the US stimulus package's approval and the ECB policy meeting. Germany30 added 0.20%, reaching an all-time high. France40 rose 0.1%, and UK100 climbed 0.2%.

Brent oil went up 1% to $68.58 a barrel.

EUR/USD reached 1.1966 after it went up 0.3%.


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.