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Record highs and lows on the international markets - Thursday Review, July 9

Miguel A. Rodriguez
Miguel A. Rodriguez
14 Septembrie 2020
The current world situation caused chaotic movements over the global markets

The US

Yesterday, investors focused on the technological sector, leaving behind the second wave's damage to the economy. TECH100 closed for the second consecutive day at a record high growing 0.63%. USA30 and USA500 fell 1.38%, and 0.52% respectively. 

Oil prices had the most significant drop in more than two weeks – approximately 3%. Brent Oil fell 2.1% to $42.35 per barrel, while Oil lost 3.2% to $39.62. 

Gold lost some of the Wednesday’s momentum shedding 0.9% to reach $1,803.80 per ounce. 

The Dollar Index touched a one-month low at $1.1371.

Asia and Australia

Asia seems to have put aside the tensions between the US and China over the Hong Kong and Macau security laws. The violent protests didn’t phase the markets. HongKong45 added 0.3%.

Japan225 gained 0.40%. 

Australia’s ASX rose 0.59%. 

USD/JPY was close to a four-month high at 6.9808.

AUD/USD traded at $0.7001, representing a one-month high.  


Europe didn't follow the example of its counterparts and moved against the wave yesterday. Europe50 closed lower by 0.8%, while UK100 lost the most – 1.7%. Germany30 declined by 0.04%.  

EUR/GBP was down 0.33% to 0.8951.

EUR/USD scored a one-month high of $1.1371.

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Miguel A. Rodriguez
Miguel A. Rodriguez

Miguel a lucrat pentru instituții financiare importante, precum Banco Santander și Banco Central-Hispano. De asemenea, a publicat cărți despre Forex.