Mixed markets - Tuesday Review, April 19

By: Miguel A. Rodriguez

09:45, 14 September 2020

Markets lost their momentum as investors were setback by the new information regarding the vaccine.

The US

USA30 lost 1.59%. USA500 fell 1.07%, while TECH100 dropped by 0.54%.

Oil benchmarks rose in the past three weeks, each passing $30 per barrel. Brent Oil shed 0.3% to $34.54 per barrel, and Oil decreased by 0.4% to $31.83.

Gold continued its rally, adding yesterday 0.44% to $1,753.20 per ounce.

ICE was up 0.09% to 99.460.

Asia and Australia 

HongKong45 lost some of Monday's gains and closed 0.12% lower. USD/CNY added 0.10% to trade at 7.1051; after the Central Bank announced it would not change the loan prime rate, it will stay put at 3.85%. 

Japan225 gained 0.96%. USD/JPY gained 0.12% to 107.81, although a survey conducted by Reuters Tankan showed that the Japanese business confidence hit a decade low this month.

ASX recovered some of the ground it lost on Monday, and closed higher by 0.06%. AUD/USD went up 0.24% to 0.6552.

Europe

Europe50 lost 0.5%, while UK100 dropped by 0.77%. The only European benchmark that closed in the green was Germany30 which gained 0.15%

GBP/USD gained 0.08% to 1.2660.

EUR/USD added 0.19% to 1.0933.

EUR/GBP lost 0.23% to 0.8925.

Stay updated with the latest financial news! Register now and see what Capex has to offer!

Sources: cnbc.com, investing.com


Share this article

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.