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Patchy growth data caused the markets to trade in a mixed fashion - Tuesday Review, April 13

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 April 2021
Most stocks underperformed amid vaccine setback and economic data

The US

Wall Street was mixed on Tuesday as the authorities halted the Johnson & Johnson vaccine's use after some recipients reported rare blood clots. On the other hand, the earnings season just started. USA30 fell 0.1%, while USA500 rose 0.42% closing at a new record high. TECH100 was up 1.16%.

Crude oil gained 0.6% reaching $60.05 per barrel.

Gold traded 0.3% lower at $1,726.95 per ounce.

 

Asia and Australia

Markets were up as investors awaited the US' consumer price index for March to see signs of an economic recovery.

HongKong45 rose 1.44% after the city's administration announced ease of the restrictive measures for those fully vaccinated against COVID-19.

Japan225 gained 1.04%.

Down under, Australia200 was up 0.01%.

 

Europe

Stocks traded in a mixed manner, focusing on the US inflation numbers and the UK's economic growth of 0.4%. The figures came below the 0.6% expected. Germany30 and France40 each gained 0.3%. UK100 dropped 0.2%.

Brent oil rose 0.7% to $63.69 a barrel.

EUR/USD traded 0.1% lower at 1.1902.

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.