The debate on the possible ongoing economic recovery continues
The US
Wall Street closed higher, boosted by a strong weekly jobless claim report, while vaccine makers dipped after President Joe Biden backed plans to waive patents on COVID-19 shots. USA30 added 0.93% hitting an all-time high, while USA500 gained 0.82%. TECH100 traded 0.37% higher.
Crude oil fell 1.19% to hit $64.85 per barrel.
Gold traded at $1,815.05 per ounce after it went up 1.72%.
The Dollar Index was down 0.43% at 90.903.
Asia and Australia
Stocks were mixed as major markets returned from holidays, focusing on whether the current economic recovery will cause inflation. HongKong45 was up 0.30%.
Japan225 jumped 1.98%.
Down under, Australia200 fell 0.51% as the New South Wales state reported new COVID-19 cases.
USD/JPY traded at 109.08 after it fell 0.09%.
Europe
Markets closed in the green, as investors focused on the mostly positive fresh round of corporate earnings, with the banking sector leading the way. Germany30 traded 0.6% higher, while France40 rose 0.5%. UK100 climbed 0.3%, reaching a 52-week high.
Brent oil fell 1.09% to trade at $68.21 a barrel.
EUR/USD was up 0.46% to 1.2061.
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.
