
US stocks higher as they expect Biden’s fiscal stimulus plan
The US
Stocks traded higher on Tuesday ahead of Biden’s possible multi-trillion fiscal stimulus plan. USA30 rose 0.23%, while USA500 added 0.01%. TECH100 gained 0.20%.
Crude oil went up 0.9%, trading at $52.71 per barrel.
Gold closed the session at $1,856.10 per ounce after it gained 0.3%.
Asia and Australia
Although countries started to declare a state of emergency due to the rising cases of COVID-19, markets closed higher. Japan225 went up 0.09%, closing at a five-year high.
HongKong45 gained 0.43%.
USD/JPY lost 0.10% reaching 104.14.
Europe
Markets traded mixedly ahead of the European Central Bank President Christine Lagarde’s speech. Germany30 closed 0.3% higher. France40 added 0.1%, while UK100 lost 0.1%.
Brent oil rose 0.8% at $56.11 a barrel.
EUR/USD reached 1.2155 after it went up 0.1%.
Sources: reuters.com, investing.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.