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Markets await more stimulus and COVID-19 vaccine news - Thursday Review, December 3

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Miguel A. Rodriguez
Miguel A. Rodriguez
04 December 2020
Markets focused on the COVID-19 vaccine for the third day in a row

The US

The ongoing hope for a new #stimulus package continued to improve investor sentiment. USA30 rose 0.63%, while USA500 went up 0.30%. TECH100 added 0.53%.

Crude Oil settled up 0.6% at $45.64 a barrel.

Gold traded 0.7% higher at $1,842.10 per ounce.

 

Asia and Australia

The benchmarks closed in the green, driven by the good economic reading that showed the beginning of a post-pandemic rebound. Moreover, the thought of a viable #COVID-19 vaccine boosted the markets.

HongKong45 was up 0.29%.

Japan225 edged up 0.15%.

Down under, Australia200 surged 0.42%.

 

Europe

The markets stagnated as they were expecting more news about the COVID-19 #vaccine’s approval. Germany30 inched 0.2% lower, while France40 fell 0.3%. UK100 gained 0.1%.

Brent Oil went up almost 1%, trading at $48.71 per barrel.

EUR/USD traded at 1.2117 after it added 0.1%.

Sources: investing.com

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Germany 40

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TECH100

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OIL

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USA500

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JAPAN225

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HongKong50

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France40

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Australia200

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BrentOil

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USA30

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.