The technological sector and PBOC moved the markets - Monday Review, August 17

By: Miguel A. Rodriguez

09:45, 14 September 2020

Mixed reactions from the global markets

The US

The American benchmarks ended the day predominantly higher, as Nvidia and Tesla boosted the tech sector.  USA30 lost 0.31%, while USA500 was up 0.3%. TECH100 gained 1%. 

Brent Oil rose 33 cents settling at $45.13 per barrel, while Oil gained 38 cents to $42.39.  

Gold closed the day at $1,943 per ounce. 


Asia and Australia

The Asian markets were mixed yesterday, pushed by China’s central bank decision to inject liquidity into its financial system. 

Japan225 lost 0.72% as the country fell into a pandemic-induced recession. 

HongKong45 ended 1.30% higher.

Down under, Australia200 was down 0.51%.

USD/JPY was steady at 106.45.



The markets disregarded the fresh outbreaks of COVID-19, and pushed by the positive data from China, ended the day on positive territory. Germany30 added 0.2%, while France40 rose 0.3%.

UK100 was up 0.4%.

EUR/USD added 0.1% and traded at 1.1850.

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