Stocks lower amid political unrest - Monday Review, January 11

By: Miguel A. Rodriguez

11:23, 12 January 2021

Trump’s potential early removal from office caused most markets to close in the red

The US

Stocks traded lower amid rising political tensions as the lawmakers stepped up their efforts to remove Donald Trump from office. USA30 fell 0.29%, while USA500 closed 0.63% lower. TECH100 lost 1.25%.

Crude oil traded at $51.87 per barrel after it fell 0.7%.

Gold gained 0.7% to $1,848.80 per ounce.


Asia and Australia

The markets were mixed yesterday as some focused on the potential multi-trillion fiscal stimulus promised by US president-elect Joe Biden, while others focused on the latest strain of COVID-19. HongKong45 rose 0.87%.

Down under, Australia200 fell 0.88%.

USD/JPY traded at 104.18.



The benchmarks closed the day in the red amid rising COVID-19 infections globally. Europe50 was down 0.3%.

Germany30 lost 0.9%, while France40 fell 0.5%. UK100 dropped 0.6%.

Brent oil lost 0.9%, reaching $55.50 a barrel.

EUR/USD slipped 0.2%, dropping to 1.2188.


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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.