Mixed day for equities - Monday Review, May 25

Mixed day for equities - Monday Review, May 25

As the containment measures ease, the markets relax

The US

The American benchmarks traded higher after Novavax announced that it would start the human testing for a vaccine against the Coronavirus. USA30 added 3.3%, while USA500 went up 3.2%. TECH100 gained 3.4%.

Oil price rose to $33.60 per barrel, while Brent Oil ended the day at $35.32 per barrel.

Gold climbed 0.2% to $1,733 per ounce.

ICE lost 0.2% down to 99.620.


Asia and Australia

Japan225 gained 1.7% after Prime Minister Abe lifted the state of emergency for all prefectures.

HongKong45 lost 0.2%, as over the weekend protests took place in Hong Kong against the new security law proposed by the Chinese government.

Australia’s ASX rose 2.1%. AUD/USD gained 0.36% to 0.6564.

USD/JPY traded at 107.70 after it gained 0.12%.

USD/CNY dropped by 0.05% to 7.1325.


Europe

Europe50 added 0.98%. France40 was up 1.3%, while Germany30 added 1.7%.

UK100 gained 2.2%. GBP/USD went up 0.23% to 1.2210, even though Dominic Cummings, adviser of the U.K.'s Prime Minister, refused to resign after he breached the lockdown rules.

EUR/USD traded at 1.0916.


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Sources: seekingalpha.com, investing.com, marketwatch.com


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