Wall Street held tight, while the rest of the world lost
The US
Despite the tensions between the US and China, the American benchmarks performed well: USA30 rose 0.43%, while USA500 gained 0.32%. The technologic sector didn't follow the lead, and TECH100 lost 0.05%.
Oil slipped 0.5% to $41.70 per barrel, and Brent fell 0.4% to $44.14.
Gold went up 1.2% to $1,865.10 per ounce.
The Dollar Index was up 0.2%.
Asia and Australia
On Wednesday, the Asian benchmarks parted with some of the Tuesday gains. The tensions between the US and China added fuel to the fire. Japan225 lost 0.28%.
HongKong45 added 0.26%.
Down Under, Australia200 was down 1.12%
USD/JPY stood still at 106.82.
AUD/USD closed at $0.7138, the highest point since April 2019.
USD/CNH was at 7.0028.
Europe
The actions taken by both China and the US reverberated in Europe. Europe50 dropped by 1%. Germany30 lost 0.51%.
GBP/USD traded at $1.2734.
EUR/USD rose to $1.1543 after it gained 0.41% – the highest since January 10.
Read more about what is happening on the markets on CAPEX.com!
Sources: marketwatch.com, investing.com
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