Article Hero

Markets mixed amid elevated inflation - Monday Review, September 13

1631610664.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2021
Raised ECB forecasts pushed European stocks higher

The US

Wall Street closed the day mixedly as investors focused on potential corporate tax hikes and upcoming economic data. USA30 rose 0.76%, while TECH100 dropped 0.07%. USA500 closed 0.23% higher, breaking a five-day losing streak.

Oil traded 0.8% higher at $70.27 a barrel.

Gold fell 0.1% to $1,791.05 per ounce.

 

Asia and Australia

On Monday, stocks were mainly lower, with traders focusing on the risk of slower economic recovery from COVID-19 amid elevated inflation.

Japan225 was down 0.21%.

HongKong45 slid 1.80%.

Down under, Australia200 was up 0.31%.

 

Europe

Markets ended higher, with investors buying into the idea of a strong economic recovery in the region following last week’s ECB policy decision. Germany30 traded 0.7% higher. France40 and UK100 each climbed 0.5%.

Brent oil rose 0.7% to $73.45 per barrel.

EUR/USD lost 0.3% trading at 1.1778.

Sources: investing.com, reuters.com                              

Most affected instruments

Instrument background

Australia200

$

Most affected instruments

Instrument background

USA30

$

Most affected instruments

Instrument background

OIL

$

Most affected instruments

Instrument background

BrentOil

$

Most affected instruments

Instrument background

GOLD

$

Most affected instruments

Instrument background

EUR/USD

$

Most affected instruments

Instrument background

Germany 40

$

Most affected instruments

Instrument background

TECH100

$

Most affected instruments

Instrument background

USA500

$

Most affected instruments

Instrument background

JAPAN225

$

Most affected instruments

Instrument background

HongKong50

$

Most affected instruments

Instrument background

France40

$

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. 

Share this article

How did you find this article?

Awful
Ok
Great
awesome

Read More

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.