Reopening optimism led markets to an all-time high - Monday Review, April 5

Reopening optimism led markets to an all-time high - Monday Review, April 5

Global stocks rose to new highs after data showed a surge in US employment in the past month

The US

Wall Street closed in the green as tech, and the ease of COVID-19 related restrictions pointed to economic recovery. USA30 added 1.13%. USA500 rose 1.41%, closing at a new high of 4,076.72. TECH100 was up 1.67%.

Crude oil settled down 4.6% at $58.65 per barrel.

Gold lost 0.4% trading at $1,724.70 per ounce.

Asia and Australia

HongKong45 closed almost 2% higher after the Purchasing Managers’ Index for March came in at 54.3, topping February’s 51.5.

Japan225 rose 0.8%.

Down under, Australia200 advanced 0.75% ahead of the Reserve Bank’s announcement on its decision regarding the monetary policy.

USD/JPY traded at 110.65.

Europe

The European markets were closed for Easter Monday.

Brent oil lost 4.2%, trading at $62.15 a barrel.

EUR/USD stood at 1.1752.

Sources: reuters.com, investing.com

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