
After a day of spectacular gains, equities turned on their head yesterday
The US
Although it ended the month on negative territory, USA30 still had the best month since 1987 – it lost 1.2% during yesterday’s trading session. USA500 fell 0.9%, and TECH100 dropped 0.3%.
Brent Oil gained 1.3% to trade at $26.82 per barrel. Overall, in April it recovered 11% (after a shocking drop of more than 60% due to the pandemic). Oil rose 3.7% to $19.54 per barrel. All in all, it’s on the loss side - more than 70% because of the Coronavirus.
VIXX gained 9.35% to 34.15.
Gold lost 1.21% to $1,692.70 per ounce.
ICE lost 0.60% to 99.050.
Asia and Australia
Asia and Australia followed their American counterparts and ended on red. Japan225 lost 2.3%, while ASX tumbled 3.6%.
USD/JPY traded at 107.13.
Europe
The European benchmark Europe50 closed more than 2% lower after the ECB announced it would keep the same interest rate for the time being. All the other indices also closed on negative. France40 and Germany30 lost more than 2% each. UK100 shed more than 3%.
EUR/USD lost 0.03% to 1.0952.
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Sources: cnbc.com, marketwatch.com, investing.com
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