Markets closed higher as an economic recovery is in sight.
The US
The American indices closed higher pushed by gains in Consumer Services, Technology, and Healthcare sectors. USA30 added 0.50%, while USA500 0.43%. TECH100 scored its second consecutive day of gains, closing the session being higher by 0.74%.
After the American Petroleum Institute released its data on crude oil and product inventories, Oil traded higher by 0.4% to $40.88 per barrel. Brent Oil rose 0.5% to $43.30.
Gold added 0.1% to $1,768.65 per ounce.
The Dollar Index stood still at 96.653.
Asia and Australia
The Asian benchmarks seem to disregard the increasing number of infection cases and focus more on Navarro and Trump's statements regarding the fate of the trade deal.
Japan225 gained 0.50%.
HongKong45 added approximately 1%.
USD/JPY traded at 107.17 after it rose 0.29%.
Australia’s ASX went up 0.17% as the Industrial and Consumer Discretionary sectors led equities higher.
AUD/USD rose by 0.07% to 0.6909.
Europe
The European benchmarks gained after the PMI data came better than expected. Germany30 added 1.7%, and France40 gained 1.4%. Compared to its counterparts, UK100 went up only 0.8%.
EUR/USD is heading for its best month since October, trading at $1.1316.
Markets react to events! Find out all about these on CAPEX.com!
Sources: investing.com, reuters.com, forexfactory.com
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