Article Hero

Markets lost their momentum - Thursday Review, June 4

1591345809.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
European and American markets didn’t feel the push from their government’s measures.

The US

The benchmarks weren’t impressed by the fact that the number of unemployed people is decreasing. USA30 rose less than 0.1%, but it marked its fourth consecutive day of gains. USA500 and TECH100 both ended in the red, losing 0.3% and 0.7%, respectively.  

Brent Oil was up 0.5% to $40.19 per barrel. Oil gained 0.2% to $37.49 per barrel. 

Gold spiked 1.3% to $1,724.40 per ounce.

The Dollar Index added 0.11% to 96.765.


Asia and Australia

Asian markets gained as the internal and international conflicts seemed to cool down, at least for the moment. 

Japan225 rose 0.36%, marking a three-month high. 

HongKong45 added 0.2%.

ASX lost 0.09%.

USD/JPY went up 0.05% to 109.18.

USD/CNY gained 0.01% to 7.1081.

AUD/USD added 0.08% to 0.6947.


Europe

European benchmarks ended the day lower, even after at the ECB conference the stimulus package meant to blow the pandemic’s hit increased to $1.521 trillion. Europe50 lost 0.7%. UK100 went down 0.6%.Germany30 broke the winning streak and ended the day 0.45% lower.

EUR/USD gained 0.98% to 1.1342.

EUR/GBP went up 0.71% to 0.8994.

GBP/USD stood still at 1.2595.

Capex.com keeps you updated with the latest financial news!

Sources: marketwatch.com, investing.com


This information prepared by capex.com/za is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of capex.com/zaJME Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.

Share this article

How did you find this article?

Awful
Ok
Great
Awesome

Read More

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.