CAPEX.com
CAPEX.com

Article Hero

Patchy growth data caused the markets to trade in a mixed fashion - Tuesday Review, April 13

1618386359.png
Miguel A. Rodriguez
Miguel A. Rodriguez
14 April 2021
Most stocks underperformed amid vaccine setback and economic data

The US

Wall Street was mixed on Tuesday as the authorities halted the Johnson & Johnson vaccine's use after some recipients reported rare blood clots. On the other hand, the earnings season just started. USA30 fell 0.1%, while USA500 rose 0.42% closing at a new record high. TECH100 was up 1.16%.

Crude oil gained 0.6% reaching $60.05 per barrel.

Gold traded 0.3% lower at $1,726.95 per ounce.

 

Asia and Australia

Markets were up as investors awaited the US' consumer price index for March to see signs of an economic recovery.

HongKong45 rose 1.44% after the city's administration announced ease of the restrictive measures for those fully vaccinated against COVID-19.

Japan225 gained 1.04%.

Down under, Australia200 was up 0.01%.

 

Europe

Stocks traded in a mixed manner, focusing on the US inflation numbers and the UK's economic growth of 0.4%. The figures came below the 0.6% expected. Germany30 and France40 each gained 0.3%. UK100 dropped 0.2%.

Brent oil rose 0.7% to $63.69 a barrel.

EUR/USD traded 0.1% lower at 1.1902.

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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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