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

By: Miguel A. Rodriguez

12:26, 19 January 2021

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.



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.


Share this article

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.