European markets higher amid strong corporate earnings and economic readings
The US
Benchmarks switched focus to corporate earnings results and upcoming FED policy announcement. Also, news about a delayed approval of the long-touted stimulus package contributed to the losses.
USA30 slightly moved, losing 0.07%, while USA500 traded 0.15% lower. TECH100 dropped 0.07% breaking the five consecutive sessions when it closed higher, the longest run of gains reported since November 2020.
Crude oil closed at $52.60 per barrel after it lost 0.1%.
Gold went down 0.1% to $1,853.10 per ounce.
Asia and Australia
The markets followed suit their American peers by closing lower, as the $1.9 trillion US stimulus package approval could be delayed.
Japan225 traded 0.82% lower.
HongKong45 slipped 2.31%.
Down under, the market was closed for a national holiday.
USD/JPY traded at 103.78.
Europe
Stocks pushed higher, driven by UBS's strong quarterly results and promising data regarding the industrial sector. Germany30 gained 1.4%, while France40 went up 1%. UK100 climbed 0.7%.
Brent oil fell 0.1% reaching $55.64 a barrel.
EUR/USD closed at 1.2108 after it fell 0.2%.
Sources: reuters.com, investing.com
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