Some markets have broken the recent gain streak - Wednesday Review, June 3

By: Miguel A. Rodriguez

09:45, 14 September 2020

Asian markets are still under pressure due to current events.

The US

Investors are more and more confident in an economic recovery, which pushed the benchmarks to a third consecutive day of gains. USA30 added 2.05%, and USA500 went up 1.36%. TECH100 increased by 0.78%.

The Dollar Index lost from its March peak approximately 5%. It closed the session being down 0.41% to 97.263.

Oil traded lower by 1.8% to $36.63 per barrel. Brent Oil fell by 1.2% to $39.31 per barrel.

Gold traded for the first time since May 7, below $1,700 at $1,690.45 per ounce. 

Asia and Australia

HongKong45 lost 0.13% as the city’s Legislative Council passed the National Anthem bill.

Japan225 broke the row of consecutive gain days and traded lower by 0.28%. 

Down Under, ASX rose by 0.51%.

USD/JPY traded at 108.90. 

USD/CNY was up 0.20% to 7.1260.

AUD/USD lost 0.33% to 0.6896.


The Brexit situation is back on focus, but it doesn’t seem to affect the markets. The European markets closed higher on Wednesday, with Germany30 hitting a three-month high by ending the day up 3.88%. UK100 gained 2.61%. France40 added 3.36%.

EUR/USD was up 0.60% to 1.1236.

EUR/GBP added 0.29% to 0.8923.

GBP/USD lost 0.28% to 1.2536.

Markets are constantly on the move! Read more about it here, here, and also here!


Share this article

The information presented herein is prepared by 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.