The earnings season overshadowed the pandemic and the Sino-US tensions - Monday Review, July 27

By: Miguel A. Rodriguez

09:45, 14 September 2020

Wall Street rallies

The US

The American indices gained, as investors eyed another stimulus package. USA30 rose 0.43%, while USA500 added 0.74%. TECH100 gained the most – 1.67% - as the investors are waiting for the giants’ earnings reports. 

Brent Oil gained 4 cents to $43.45 per barrel, while Oil was down 9 cents to $41.51.

Gold went up 1.8% and settled at $1,931 per ounce.

The Dollar Index settled at 93.793.

Asia and Australia

The Asian markets ignored the latest tensions between China and the US. HongKong45 was up 0.27%.

Japan225 fell 0.51% at reopening after the last week’s holiday. 

Down Under, Australia200 rose 0.06%.

USD/JPY lost 0.6% and settled at 105.53, reaching a four-month low. 

AUD/USD traded at $0.7134.


The European markets fell after the UK imposed quarantine on people returning from Spain amid an increase in the number of infections.

Europe50 fell 0.5%, while Spain35 slid 1.2%. UK100 was down 0.5%.

France40 lost 0.5%.

However, Germany30 was pushed 0.02% higher by gains in software and retail sectors. 

EUR/USD gained 0.82% to 1.1749.

EUR/GBP was up 0.19% to 0.9125.

GBP/USD gained 0.66% to $1.2873.

Register now and take advantage of what has to offer!


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.