The conflict between the US and China has left its mark on the international markets - Wednesday Review, July 22

By: Miguel A. Rodriguez

09:45, 14 September 2020

1595491085.jpg
Wall Street held tight, while the rest of the world lost

The US

Despite the tensions between the US and China, the American benchmarks performed well: USA30 rose 0.43%, while USA500 gained 0.32%. The technologic sector didn't follow the lead, and TECH100 lost 0.05%. 

Oil slipped 0.5% to $41.70 per barrel, and Brent fell 0.4% to $44.14. 

Gold went up 1.2% to $1,865.10 per ounce. 

The Dollar Index was up 0.2%. 


Asia and Australia

On Wednesday, the Asian benchmarks parted with some of the Tuesday gains. The tensions between the US and China added fuel to the fire. Japan225 lost 0.28%.

HongKong45 added 0.26%.

Down Under, Australia200 was down 1.12%

USD/JPY stood still at 106.82. 

AUD/USD closed at $0.7138, the highest point since April 2019.

USD/CNH was at 7.0028.


Europe

The actions taken by both China and the US reverberated in Europe. Europe50 dropped by 1%. Germany30 lost 0.51%.

GBP/USD traded at $1.2734.

EUR/USD rose to $1.1543 after it gained 0.41% – the highest since January 10.

Read more about what is happening on the markets on CAPEX.com!

Sources: marketwatch.com, investing.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.