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Trump’s impeachment was in focus - Wednesday Review, January 13

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 January 2021
The House voted for Trump to be impeached for the second time amid Capitol riot

The US

Nancy Pelosi’s move was successful yesterday as the House voted to impeach President Donald Trump for the second time in less than two years.  USA30 fell 0.03%, while USA500 added 0.27%. TECH100 went up 0.43%.

Crude oil closed 0.3% higher at $53.37 per barrel.

Gold reached $1,857.35 per ounce gaining 0.7%.

The Dollar Index added 0.1% reaching 90.136.

 

Asia and Australia

Markets cheered the upcoming Biden administration expected to ramp up both the fiscal stimulus and the COVID-19 vaccine rollout, markets were up. Moreover, large parts of the economy will reopen. Japan225 closed 0.83% higher even though the administration will extend the state of emergency imposed last week to seven additional prefectures.

HongKong45 inched up 0.07%.

Down under, Australia200 added 0.04%.

 

Europe

Europe50 and Italy40 each rose 0.2%. While UK100 added 0.1%, Germany30 lost 0.1%, as the country’s Chancellor Angela Merkel was considering extending the current lockdown.

Brent oil traded at $56.84 a barrel after it gained 0.5%.

EUR/USD lost 0.2% trading at 1.21875.

Sources: reuters.com, investing.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.