Mixed markets - Tuesday Review, May 26

Mixed markets - Tuesday Review, May 26

The US and China pushed the markets. A mixed day all over the world.

The US

The US market rallied yesterday as some of the states started opening, and the ones that opened before May had a 29% drop in the number of new cases.

USA30 gained 2.17%, while USA500 went up 1.23%. The technological sector gained the least, TECH100 adding 0.17%.

The Oil keeps on gaining: it added 2.65% to $34.13 a barrel, but Brent Oil lost 0.03% to trade at $36.10 per barrel.

Gold lost what it gained in the past couple of days by shedding 1.85% to $1,703.35 per ounce.

ICE was down 0.90% to trade at 98.993.


Asia and Australia

Asian markets were mixed after President Trump said it would take action against China, and as another round of protests is in sight. Moreover, the Japanese government is ready to release another stimulus package.

HongKong45 dove 0.47%.

Japan225 added 0.39%, recovering some of Monday’s losses.

ASX went up 0.47%.

USD/JPY rose 0.06% to 107.58.

USD/CNY gained 0.34% to 7.1582.

AUD/USD lost 0.10% to trade at 0.6644.


Europe

On the European markets, France40 was the star of the day, gaining 1.46%. It was followed suit by UK100, which added 1.24% and Germany30, going up 1%. The benchmarks rallied pushed by a future easing of the lockdown measures. Some shops and businesses already resumed their activity.

EUR/USD added 0.03% to 1.0983.

GBP/USD lost 0.13% to 1.2315.

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Sources: investing.com, cnn.com, marketwatch.com

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