Momentum and lethargy on the global markets
The markets were closed for Thanksgiving.
Gold gained 0.5$ trading at $1,813.80 per ounce.
Crude Oil lost 1.5%, settling at $45.02 per barrel.
Asia and Australia
The progress reported towards an effective COVID-19 #vaccine and the transition to Biden’s administration boosted investor sentiment.
Japan255 jumped 0.47%.
HongKong45 was up 0.21%.
Down under, Australia200 was down 0.36% even though the State of Victoria reported its 28th day without new #COVID-19 cases.
USD/JPY lost 0.2% settling at 104.24.
Germany30 was flat after the Robert Koch Institute reported more than 32,000 new cases and 300 new deaths for the third consecutive day.
UK100 dropped 0.5% after the country’s finance minister Rishi Sunak announced that the economy could contract 11% this year.
Europe50 lost 0.1%.
Brent Oil fell 1.5% to $47.80 a barrel.
EUR/USD traded at 1.1923 after it gained 0.1%.
EUR/GBP closed 0.2% higher at 89.12
Sources: reuters.com, investing.com
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