CAPEX.com
CAPEX.com

Article Hero

Mixed beginning of the month for the global markets - Thursday Review, July 1

1625213135.png
Miguel A. Rodriguez
Miguel A. Rodriguez
02 July 2021
American stocks reached for records as US jobless claims declined

The US

Wall Street closed higher on upbeat economic data, with the number of unemployment claims coming in lower-than-expected. USA30 added 0.38%, while USA500 gained 0.52%. TECH100 traded 0.13%.

Crude oil rose 2%, hitting $74.94 per barrel.

Gold was up 0.29% to $1,776.80 per ounce.

The Dollar Index was up 0.15% at 92.567.

 

Asia and Australia

HongKong45 was closed for a holiday.

Japan225 fell 0.3% as sources said COVID-19 restrictions were likely to be extended.

Down under, Australia200 lost 0.65% as losses in the Consumer Discretionary, Consumer Staples and Industrials sectors led shares lower.

 

Europe

Germany30 rose 0.47%, driven by gains in Media, Insurance and Chemicals sectors. France40 gained 0.71%.

Brent oil traded 1.18% higher to $75.50 a barrel.

EUR/USD was down 0.07% to 1.1846.

Sources: investing.com, reuters.com

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.