Market mixed over failed deals, and COVID-19 vaccine - Monday Review, January 18

Market mixed over failed deals, and COVID-19 vaccine - Monday Review, January 18

The US government continues its fight against Chinese companies

The US

Due to Martin Luther King Day, the US markets were closed.

Crude oil went up 0.1% at $52.43 per barrel.

The Dollar Index traded at 90.908, the highest level since December 21.

Gold closed 0.4% higher at $1,833 per ounce.

Asia and Australia

The Sino-US tensions could rise once again after the American government notified multiple Huawei suppliers that their licenses to work with the company were revoked or rejected.

HongKong45 was up 0.30% ahead of the panel’s meeting to approve COMIRNATY, the COVID-19 developed by Pfizer, and BioNTech.

Japan225 slipped 1%.

Down under, Australia200 lost 0.81%.

USD/JPY added 0.1%, trading at 103.78.

Europe

Markets closed mostly lower after Couche-Tard announced that its deal with Carrefour is off the table. Europe50 and France40 each lost 0.1%. Italy40 added 0.1%, while UK100 fell 0.3%.

Brent oil lost 0.1%, closing at $55.60 a barrel.

EUR/USD traded at 1.2070, reaching the lowest level since December 2.

Sources: reuters.com, investing.com

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