Global markets continue to rally - Monday Review, February 15

By: Miguel A. Rodriguez

09:53, 16 February 2021

1613461925.png
Shares hit fresh highs, as vaccine rollouts gained momentum

The US

Markets were closed for the President Day holiday.

Crude oil traded 1.2% higher at $60.21 per barrel.

Gold dipped 0.2% to $1,819 an ounce.

 

Asia and Australia

The new US stimulus package and optimism about the rollout of COVID-19 vaccines led the Asian markets to close in the green. Japan225 climbed 1.9%, reaching a five-year high.

Down under, Australia200 rose 1.91%.

USD/JPY was up 0.25% to 105.19.

 

Europe

Stocks closed higher as the European Union announced fast track approval for COVID-19 vaccines. Germany30 traded 0.3% higher. UK100 was up 2.2%, and France40 rose 0.8%.

Brent oil gained 1.2% to $63.15 a barrel.

EUR/USD went up 0.2% at 1.2138.

Sources: investing.com, reuters.com.

Share this article

The information presented herein is prepared by CAPEX.com/eu and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            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 and forecasts are not reliable indicators of future results.