The announcement of a possible vaccine for #COVID-19 moved the benchmarks higher. On top of that, China reaffirmed its commitment to Phase 1 of the trade deal. USA30 rose 1.36%, while USA500 added 1.05%. TECH100 went up 0.60%.
Oil gained 0.9% and settled at $42.73 per barrel, while Brent Oil was up 1.3% to $45.50.
Gold settled down 0.4% at $1,939.20 per ounce.
The Dollar Index traded at 93.30.
Asia and Australia
HongKong45 jumped 1.64% after the recent call between the country’s representatives and the US counterparts regarding the deal signed at the beginning of this year.
Japan225 added 0.26% as Prime Minister Abe Shinzo paid a second visit to a hospital in Tokyo, raising concerns about his health.
Down under, Australia200 inched up 0.04%, as the state of Victoria reported 116 new cases of COVID-19 infection on Monday, raising hopes that the recent #outbreak is subsiding.
USD/JPY traded at 105.97.
The stocks moved higher boosted by the prospects of a COVID-19 #vaccine available by November.
Germany30 and UK100 traded 1.4% higher. France40 rose 1.8%.
EUR/USD went up 0.1% to 1.1810.
GBP/USD traded at 1.3068.
Read all about the potential vaccine here!
Sources: reuters.com, investing.com