Brexit talks, and rising US-China tensions are again in focus | CAPEX.com

2020-12-09 09:32:47

The majority of stocks dipped as the pandemic takes over again - Tuesday Review, December 8

The increasing number of COVID-19 infections overshadowed the stimulus hopes

The US

USA30 rose 0.35%, while USA500 went up 0.28%. TECH100 gained 0.50%. The benchmarks closed higher after the talks regarding a $908 billion stimulus package seem to reach a consensus.

Crude oil added 1% to trade at $45.80 per barrel.

Gold traded 0.2% higher at $1,869.70 per ounce.

Asia and Australia

Mixed day for stocks as investors focused on different events. Some paid attention to the rising number of COVID-19 infections, while the others had their eyes on the economic readings.

Japan225 slipped 0.2%%.

HongKong45 was down 0.56% as the Sino-US tensions were escalating.

Down under, Australia200 rose 0.2%, closing in the green for the sixth consecutive session.

Europe

Germany30 was down 0.1% after the government announced that it might impose stricter restrictions amid a rise in COVID-19 infections.

UK100 fell 0.3% as the talks between the British and EU leaders didn’t reach common ground regarding Brexit.

Brent oil rose 0.1% to $48.86 a barrel.

EUR/USD traded at 1.2125 after it gained 0.1%.

Sources: investing.com, reuters.com

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