International instability has caused markets to jitter
The most important indices gained during yesterday’s trading session as investors are waiting for an increase in the $1.5 trillion infrastructure stimulus proposed by the Democrats last Thursday. USA30 rose 0.59%, while USA500 gained 0.65%. The technological sector leads the gains, TECH100 closing higher by 1.11%.
Gold fell 0.07% to $1,765.25 per ounce.
The Dollar Index stayed still at 96.998.
Asia and Australia
The Asian benchmarks ended yesterday's trading session jumbled up after President Trump stated that the deal between the States and China is still in force. Moreover, the national security law could be imposed rather soon in Hong Kong. HongKong45 lost 0.46%
Japan225 fell 0.02%.
Down Under, ASX rose 0.18%, even though some restrictions were implemented again in Victoria to curb a second outbreak.
AUD/USD went up 0.1% to $0.6910.
USD/JPY added 0.30% to 107.19.
USD/CNY was up 0.13% to 70772.
Besides the fear of the second wave of infections that emerged in the world and made the investors fearful, the EU leaders didn’t reach a consensus regarding the recovery fund discussed last week. Germany30 slid 0.3%. France40 and UK100 lost 0.2% each.
EUR/USD was up 0.3% to 1.1204.
GBP/USD added 0.12% to 1.2475.
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Sources: investing.com, marktwatch.com, reuters.com
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