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International markets ended in the green - Tuesday Review, June 23

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
Markets closed higher as an economic recovery is in sight.

The US

The American indices closed higher pushed by gains in Consumer Services, Technology, and Healthcare sectors. USA30 added 0.50%, while USA500 0.43%. TECH100 scored its second consecutive day of gains, closing the session being higher by 0.74%.

After the American Petroleum Institute released its data on crude oil and product inventories, Oil traded higher by 0.4% to $40.88 per barrel. Brent Oil rose 0.5% to $43.30.

Gold added 0.1% to $1,768.65 per ounce.  

The Dollar Index stood still at 96.653. 


Asia and Australia

The Asian benchmarks seem to disregard the increasing number of infection cases and focus more on Navarro and Trump's statements regarding the fate of the trade deal.

Japan225 gained 0.50%.

HongKong45 added approximately 1%.

USD/JPY traded at 107.17 after it rose 0.29%. 

Australia’s ASX went up 0.17% as the Industrial and Consumer Discretionary sectors led equities higher. 

AUD/USD rose by 0.07% to 0.6909.


Europe 

The European benchmarks gained after the PMI data came better than expected. Germany30 added 1.7%, and France40 gained 1.4%. Compared to its counterparts, UK100 went up only 0.8%. 

EUR/USD is heading for its best month since October, trading at $1.1316.

Markets react to events! Find out all about these on CAPEX.com!

Sources: investing.com, reuters.com, forexfactory.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.