Article Hero

Markets mixed amid elevated inflation - Monday Review, September 13

1631610664.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
14 settembre 2021
Raised ECB forecasts pushed European stocks higher

The US

Wall Street closed the day mixedly as investors focused on potential corporate tax hikes and upcoming economic data. USA30 rose 0.76%, while TECH100 dropped 0.07%. USA500 closed 0.23% higher, breaking a five-day losing streak.

Oil traded 0.8% higher at $70.27 a barrel.

Gold fell 0.1% to $1,791.05 per ounce.

 

Asia and Australia

On Monday, stocks were mainly lower, with traders focusing on the risk of slower economic recovery from COVID-19 amid elevated inflation.

Japan225 was down 0.21%.

HongKong45 slid 1.80%.

Down under, Australia200 was up 0.31%.

 

Europe

Markets ended higher, with investors buying into the idea of a strong economic recovery in the region following last week’s ECB policy decision. Germany30 traded 0.7% higher. France40 and UK100 each climbed 0.5%.

Brent oil rose 0.7% to $73.45 per barrel.

EUR/USD lost 0.3% trading at 1.1778.

Sources: investing.com, reuters.com                              

disclaimers_articles

article_share_title

article_rating_title

awful
ok
great
awesome

read_more

Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel ha lavorato per importanti istituzioni finanziarie, come Banco Santander e Banco Central-Hispano. È autore di libri sul trading di valuta con diverse pubblicazioni alle spalle.