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Stocks mixed amid economic readings - Thursday Review, February 18

Miguel A. Rodriguez
Miguel A. Rodriguez
19 February 2021
Markets are focusing on a global economic recovery

The US

Wall Street edged lower as an unexpected rise in the number of weekly unemployment claims hinted at a fragile recovery in the labor market. USA30 lost 0.38%, and USA500 traded 0.44% lower. TECH100 dropped 0.72%.

Crude oil traded 0.6% higher at $61.52 a barrel.

Gold closed at $1,785.75 per ounce after it gained 0.7%.


Asia and Australia

Most markets were boosted by the fact that the COVID-19 vaccines rollouts will lead to an increase in economic growth. HongKong45 was down 0.52%.

Japan225 added 0.27%.

Down under, Australia200 gained 0.32%.



Stocks mostly rallied as investors continued to focus on corporate earnings. Germany30 and France40 went up 0.3%, and 0.2%, respectively. UK100 lost 0.1%.

Brent oil rose 0.8% to $64.85 per barrel.

EUR/USD traded 0.2% higher at 1.2064.



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.