The American markets notched the best day in months - Wednesday Review, September 9

The American markets notched the best day in months - Wednesday Review, September 9

The European markets gained in expectance of the ECB meeting

The US

The markets left the Tuesday sell-off behind: USA30 rose 1.60%. USA500 was up 2.02%, while TECH100 gained 2.71% - marking its best trading session in over four months.

Crude Oil settled 3.5% higher at $38.05, while Brent rose 1.5% to $40.38.

Gold added 0.6% and traded at $1,954.90 per ounce.


Asia and Australia

Despite the positive news about the unemployment rate and the significant drop in the number of #COVID-19 infections, the benchmarks ended the day in the red. HongKong45 was down 1.38%.

Japan225 fell 1.51%.

Down under, Australia200 slid 2.58%.

USD/JPY reached a one-week high by #trading at 105.93.


Europe

The markets gained ahead of the European Central Bank meeting; rumor has it that they will keep the policy unchanged. Europe50 gained 0.7%. UK100 added 1%.

Germany30 traded 1.1% higher, and France40 went up 0.9%.

GBP/USD lost 0.3% to 12945 – the lowest point since the end of July.

EUR/GBP went down 0.3% to 90.70.

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Sources: investing.com, reuters.com


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