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Stocks started the week in a predominantly good mood - Monday Review, April 26

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Miguel A. Rodriguez
Miguel A. Rodriguez
27 April 2021
Most markets maintained momentum ahead of the busiest week of corporate earnings

The US

Wall Street traded in a mixed fashion, ahead of the busiest week of the corporate earnings season. FAANG components are due to report after the market closes on Tuesday and Wednesday.  USA30 fell 0.03%, while USA500 was up 0.31%. TECH100 added 0.97%.

Crude oil traded 0.9% lower at $61.56 per barrel.

Gold climbed 0.1% to $1,779 per ounce.

 

Asia and Australia

Markets mainly were up as investors await the US Federal Reserve’s policy decision due later this week. Moreover, local political events left their mark on the markets.

HongKong45 added 0.20%.

Japan225 was up 0.27%.

Down under, Australia200 edged 0.11% lower.

 

Europe

Stocks edged higher as investors gear up for a busy week of earnings and economic data. Germany30 rose 0.22%, and UK100 climbed 0.21%. France40 rose 0.3%.

Brent oil fell 1% to $64.80 per barrel.

EUR/USD traded flat at 1.2096.

Read more about the upcoming earnings reports here!

Sources: investing.com, reuters.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.