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Mixed beginning of the month for the global markets - Thursday Review, July 1

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Miguel A. Rodriguez
Miguel A. Rodriguez
02 julio 2021
American stocks reached for records as US jobless claims declined

The US

Wall Street closed higher on upbeat economic data, with the number of unemployment claims coming in lower-than-expected. USA30 added 0.38%, while USA500 gained 0.52%. TECH100 traded 0.13%.

Crude oil rose 2%, hitting $74.94 per barrel.

Gold was up 0.29% to $1,776.80 per ounce.

The Dollar Index was up 0.15% at 92.567.

 

Asia and Australia

HongKong45 was closed for a holiday.

Japan225 fell 0.3% as sources said COVID-19 restrictions were likely to be extended.

Down under, Australia200 lost 0.65% as losses in the Consumer Discretionary, Consumer Staples and Industrials sectors led shares lower.

 

Europe

Germany30 rose 0.47%, driven by gains in Media, Insurance and Chemicals sectors. France40 gained 0.71%.

Brent oil traded 1.18% higher to $75.50 a barrel.

EUR/USD was down 0.07% to 1.1846.

Sources: investing.com, reuters.com

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.