Article Hero

Markets kept their momentum - Thursday Review, January 21

1611310822.png
Miguel A. Rodriguez
Miguel A. Rodriguez
22 enero 2021
Positive day for global markets after Biden’s inauguration

The US

Following Biden’s inaugurations, the stocks continued their rally to record highs. The executive orders signed by Joe Biden tackling the COVID-19 vaccine, climate change, and many more overshadowed the number of unemployment claims report. USA30 rose 0.3%, while USA500 was up 0.19%. TECH100 gained 0.58%.

Crude oil lost 0.8%, reaching $52.87 per barrel.

Gold rose 0.2% to $1,870.35 per ounce.

 

Asia and Australia

The markets followed their American peers, which were high on optimism that federal spending will kick-start economic growth.

 HongKong45 inched up 0.5%.

Japan225 rose 0.78%.

Down under, Australia200 gained 0.71%.

 

Europe

As the markets expected the European Central Bank to keep interest rates and bond purchases unchanged, they closed in the green. Germany30 traded 0.3% higher. France40 and UK100 each added 0.1%.

Brent oil closed 0.8% lower at $55.65 a barrel.

EUR/USD gained 0.3%, reaching 1.2134.

Read here about the number of US unemployment claims!

Sources: reuters.com, investing.com

disclaimers_articles

article_share_title

article_rating_title

awful
ok
great
awesome

read_more

Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel comenzó su destacada carrera profesional en reputadas instituciones financieras como el Banco Santander y el Banco Central-Hispano. Es autor de importantes libros sobre trading en el mercado de divisas.