Markets mixed after strong rally - Tuesday Review, February 9

By: Miguel A. Rodriguez

11:23, 10 February 2021

Mixed investors feeling amid fiscal stimulus and COVID-19-related developments

The US

Investors remained on guard on fiscal stimulus hopes, with optimism rising over vaccine rollouts and decreased COVID-19 infections. USA30 fell 0.03%, while USA500 went down 0.08%. TECH100 went up 0.14%, marking another record high closing.

Crude oil rose 0.74% trading at $58.40 per barrel.

Gold was up 0.16% at $1,837.10 per ounce.

The Dollar Index traded at 90.442.


Asia and Australia

Stocks followed their American peers, focusing on the upcoming fiscal stimulus, and Jerome Powell’s speech due on Wednesday.

Japan225 was up 0.24%.

HongKong45 closed 0.29% lower.

Down under, Australia200 fell 0.54%.

USD/JPY lost 0.62% to 104.57.



Markets edged lower, even though the energy sector outperform, with Total leading the way. Germany30 lost 0.5% even though the economic reading showed that its exports rose in December 2020. UK100 and France40 each lost 0.1%.

Brent oil rose 0.76%, reaching $61.16 per barrel.

EUR/USD traded at 1.2117 after it gained 0.57%.

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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.