Stocks closed on record highs as investors believe in a global economic recovery - Wednesday Review, April 7

By: Miguel A. Rodriguez

11:30, 08 April 2021

1617870196.png
The easy monetary policy is kept unchanged by the Federal Reserve

The US

USA30 rose 0.05%, and USA500 went up 0.2%, the latter closing at a new record high. TECH100 was down 0.1%. The Federal Reserve minutes didn’t offer any new data regarding the monetary policy.

Crude oil was at $59.51 a barrel.

Gold closed at $1,736.4 per ounce.

The Dollar Index reached a two-week low at 92.246.

 

Asia and Australia

Markets were mixed, as global markets were close to new record highs, and investors continued to hope for a global economic recovery.

HongKong45 was down 0.60%.

Japan225 inched up 0.02%.

Down under, Australia200 edged up 0.16%.

USD/JPY traded at 109.92.

 

Europe

Stocks were close to record highs as investors were looking for data on services sector activity. Germany30 and France40 traded flat. UK100 gained 0.3% as the country began the rollout of the Moderna COVID-19 vaccine.

Brent oil traded at $62.67 per barrel.

EUR/USD was flat at 1.1871.

Sources: reuters.com, investing.com

Share this article

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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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

Most affected instruments

USA500

$ 10

USA30

$ 10

TECH100

$ 10

DollarIndex

$ 10

OIL

$ 10

BrentOil

$ 10

GOLD

$ 10

HongKong50

$ 10

JAPAN225

$ 10

Australia200

$ 10

USD/JPY

$ 10

EUR/USD

$ 10

Germany 40

$ 10

France40

$ 10

UK100

$ 10