A predominantly positive session for the global markets - Monday Review, September 28

By: Miguel A. Rodriguez

12:50, 29 September 2020

The hope of a potential US stimulus package made the markets rise

The US

The benchmarks rallied after House Speaker Nancy Pelosi renewed investor hope for a new stimulus package. USA30 added 1.51%, and USA500 was up 1.66%. TECH100 gained 1.87%.

Gold was up 0.9% and settled at $1,879.37 per ounce. 

The Dollar Index was off 0.4% at 94.317.

Asia and Australia 

The markets ended the Monday trading session higher after the economic readings showed increased profit for industrial companies for the fourth consecutive month. 

Japan225 closed 1.3% higher. 

HongKong45 was up 0.37%.

Down under, Australia200 inched up 0.09% after it reported a decline in the daily number of COVID-19 cases. 

AUD/USD ended the session at 0.7052.


Despite the rising numbers of #COVID-19 infections, the indices closed in the green. Europe50 jumped 1.7%, while Germany30 traded 2.4% higher.

UK100 climbed 1.3%. 

EUR/USD was at 1.1629.

GBP/USD rose 0.3% to 1.2774.

Read more about what makes the markets move on CAPEX.com!

Sources: reuters.com, investing.com

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