Investors seem to have put aside fears of rising inflation
Crude oil traded 1.1% higher at $67 per barrel.
Gold rose 0.2% reaching $1,870.60 an ounce.
Asia and Australia
Japan225 jumped 2.14% after economic data revealed that the country’s GDP contracted lower-than-expected.
HongKong45 rose 1.45%.
Down under, Australia200 edged up 0.60% after the Reserve Bank released the minutes from its latest meeting.
Stocks rose, high on optimism that several countries are easing economic restrictions. Moreover, the dropping unemployment rate in the UK, and earnings reports boosted investor sentiment.
Europe50 edged up 0.7% to an all-time high.
Brent oil traded at $70.20 a barrel after it went up 1.1%. It is the first time since early March when it tops the $70 mark.
EUR/USD went up 0.4%, trading at 1.2199.
Sources: investing.com, reuters.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.