The US
The benchmarks were in for a treat
yesterday. The stocks were moved by gains in the tech sector, as Salesforce
posted better-than-expected Q2 earnings, and FAANG (Facebook, Amazon, Apple,
Netflix, and Google) gained more than 17%. USA30 rose 0.30%, while USA500 gained 1.03%. TECH100 added 1.73%.
Oil gained 0.04% to $43.39
per barrel. Brent Oil
went up 0.5% at $45.64.
Gold settled up 1.5% at
$1,952.50 per ounce, marking the first gain in a week.
Asia and Australia
Investors’ caution over the spike in COVID-19 cases made the
markets lose some steam.
HongKong45
lost 0.20%, although the country expects the lockdown measures to relax.
Japan225
edged down 0.20%.
Australia200
fell 0.92% after Victoria state reported 24 new COVID-19 deaths and 149 new
cases.
USD/JPY
lost 0.08% and settled at 106.28.
Europe
The markets were mixed yesterday, gains being caused by the
touted speech of the US Federal Reserve Chairman Jerome Powell, while the losses
appeared due to two confirmed cases of COVID-19 reinfection.
Europe50
and France40 traded
0.1% higher. Germany30
rose 0.2%, while UK100
was down 0.2%.
EUR/USD
lost 0.1% and traded at 1.1820.
Sources: investing.com, reuters.com
