Mixed day for the global markets - Tuesday Review, July 13

By: Miguel A. Rodriguez

11:08, 14 July 2021

CPI and earnings caught investors’ eyes

The US

Wall Street ended in the red Tuesday after hitting record highs. Investors focused on the jump in consumer prices in June and earnings. USA30 fell 0.31%, while USA500 traded 0.35% lower. TECH100 edged 0.38% lower.

Crude oil rose 1.67% to $75.34 per barrel.

Gold was up 0.12% to $1,808.05 a troy ounce.

The Dollar Index was up 0.56% at 92.773.


Asia and Australia

Markets were up ahead of the trade data from China and the US inflation metrics. Moreover, on investors’ radars were the second-quarter earnings.

HongKong45 surged 1.55%.

Japan225 traded 0.83% higher.

Down under, Australia200 was up 0.46%.

USD/JPY rose 0.25% to 110.62.



Stock markets traded in a mixed fashion, with the banking sector helping the British index outperform, following the scrapping of dividend curb by the Bank of England. Germany30 and France40 each traded 0.2% lower. UK100 climbed 0.3%.

Brent oil rose 1.82% to trade at $76.53 a barrel.

EUR/USD was down 0.67% to 1.1779.

Sources: investing.com, reuters.com

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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.