Losses were predominant on the international markets - Wednesday review, May 6

Losses were predominant on the international markets - Wednesday review, May 6

The majority of benchmarks ended in the red.

The US

USA30 dropped by 0.91%. USA500 lost 0.70%, while TECH100 gained 0.51%.

Brent Oil fell 4% to trade at $29.72 per barrel after it rebounded 55% during the past six trading sessions.

Oil was down 2.3% to $23.99 per barrel after it doubled in value over the past five trading sessions.

ICE gained 0.05% to 100.185.

Gold was up 0.66% to $1,671.75 per ounce.


Asia and Australia

Japan225 lost 0.10% once the banking holiday ended.

HongKong45 was down 0.40% after Budweiser APAC released negative financial report for the first quarter.

ASX closed 0.42% lower, after financials, industrial, and A- REIT sectors lost in yesterday's session.

USD/JPY added 0.05% to 106.19.

AUD/USD lost 0.31% to 0.6420.

USD/CNY lost 0.09% to 7.0969 after the U.S. Secretary of State reiterated the accusations against China regarding Covid-19 origin.


Europe

Yesterday was a gloomy trading session for most European benchmarks. Europe50 lost 0.1%, after Tuesday it had the biggest gain since April 17 – 2.1%. Germany30 dropped by 0.2%, and France40 lost 1%.

UK100 is the only one that scored some gains yesterday – 0.07%.

GBP/USD lost 0.14% to 1.2323, reaching the lowest level in two weeks, although Boris Johnson announced lockdown easing measures starting next week.

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Sources: marketwatch.com, investing.com, reuters.com

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