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Mixed session for the global markets - Thursday Review, February 11

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Miguel A. Rodriguez
Miguel A. Rodriguez
12 February 2021
Stimulus talks, and corporate earnings stole the show once again

The US

USA30 fell 0.02%, while USA500 gained 0.17%. TECH100 went up 0.38%. The mixed investors feeling came after President Joe Biden told a group of senators that the US must “raise its game in the face of the challenge from China.” Moreover, fiscal stimulus talks are a few steps away from dragging, as Democrats are not in agreement to raise the minimum wage.

Crude oil lost 0.6% trading at $58.35 a barrel.

Gold rose 0.1% to $1,843.30 per ounce.

 

Asia and Australia

Markets were lower as investors focused on the weaker-than-expected US inflation data.

HongKong45 traded 0.81% lower.

Down under, Australia200 lost 0.03%.

 

Europe

Stocks edged higher driven by solid earnings reports. Germany30 and UK100 each traded 0.5% higher. France40 rose 0.4%.

Brent oil fell 0.6% to $61.09 per barrel.

EUR/USD added 0.1% reaching 1.2123.

Sources: reuters.com, investing.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. 

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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.