CAPEX.com
CAPEX.com

Article Hero

Mixed stock markets on the first trading day of 2021 - Monday Review, January 4

1609838936.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
05 January 2021
European benchmarks kicked off 2021 with a rally, while Wall Street ended lower

The US

Shares dropped significantly amid the upcoming runoff elections in Georgia and the ever-rising number of COVID-19 infections. USA30 fell 1.25%, while USA500 lost 1.48%. TECH100 traded 1.47% lower. Since October, the first two posted the most significant decreases while the latter had the biggest loss since December 9.

Crude oil added 1% to trade at $49 per barrel.

Gold ended the session at $1,931 per ounce.

 

Asia and Australia

Japan225 lost 0.4% after Prime Minister Yoshihide Suga announced that the government was considering a state of emergency in multiple prefectures and Tokyo after new cases of COVID-19 infections have been reported.

HongKong45 gained 0.92% after NYSE said it would no longer delist three Chinese telecom companies. 

Down under, Australia200 rose 1.41%.

USD/JPY traded at 102.80.

 

Europe

Europe50 gained 1.2% reaching the highest levels since February 2020. Germany30 went up 1.1%, while France40 added 1.3%.

Brent oil ended the session at $53 a barrel.

GBP/USD lost 0.8% and traded at 1.3556 after Prime Minister Boris Johnson imposed a third national lockdown, which is in force until mid-February to curb the latest strain of coronavirus.

Sources: reuters.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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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.