
Wall Street held tight, while the rest of the world lost
The US
Despite the tensions between the US and China, the American benchmarks performed well: USA30 rose 0.43%, while USA500 gained 0.32%. The technologic sector didn't follow the lead, and TECH100 lost 0.05%.
Oil slipped 0.5% to $41.70 per barrel, and Brent fell 0.4% to $44.14.
Gold went up 1.2% to $1,865.10 per ounce.
The Dollar Index was up 0.2%.
Asia and Australia
On Wednesday, the Asian benchmarks parted with some of the Tuesday gains. The tensions between the US and China added fuel to the fire. Japan225 lost 0.28%.
HongKong45 added 0.26%.
Down Under, Australia200 was down 1.12%
USD/JPY stood still at 106.82.
AUD/USD closed at $0.7138, the highest point since April 2019.
USD/CNH was at 7.0028.
Europe
The actions taken by both China and the US reverberated in Europe. Europe50 dropped by 1%. Germany30 lost 0.51%.
GBP/USD traded at $1.2734.
EUR/USD rose to $1.1543 after it gained 0.41% – the highest since January 10.
Read more about what is happening on the markets on CAPEX.com!
Sources: marketwatch.com, investing.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.