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Monday Review, June 1

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
Equities ended in the green territory despite current circumstances

The US

The American benchmarks gained despite the market being in contrast with the events happening in dozens of cities across the country. USA30 added 0.39%, while USA500 gained 0.42%. TECH100 went up 0.65%.

Brent Oil gained 1.3% to $38.32 per barrel. Oil lost 5 cents settling at $35.44 per barrel.

Gold added 0.07% to $1,751.50 per ounce.

ICE fell 0.4%


Asia and Australia

Stocks gained after companies started to resume their activities, and China halted purchases of US agricultural products and canceled pork orders.

HongKong45 was up 0.58%. 

Japan225 gained 0.99%.

Australia’s ASX rose 0.01% after the Royal Bank decided to keep the interest rate as is, at 0.25%.AUD/USD lost 0.23%. 

USD/JPY was up 0.13% to 107.72.

USD/CNY lost 0.04% to 7.1211.


Europe

Europe50 went up more than 1%, and in the past two months gained over 9%. UK100 added 1%, while France40 gained 1.2% after investors focused on the reopening of economies, and the tensions between the U.S. and China were left behind for now.

GBP/USD went down 0.05% to 1.2485.

Stay updated with the latest market events by checking our dedicated sections of Featured Articles,Market Analysis, and Market News!

Sources: investing.com, marketwatch.com, cnbc.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.