The conflict between the US and China has left its mark on the international markets - Wednesday Review, July 22

By: Miguel A. Rodriguez

09:45, 14 September 2020

1595491085.jpg
Wall Street held tight, while the rest of the world lost

The US

Despite the tensions between the US and China, the American benchmarks performed well: USA30 rose 0.43%, while USA500 gained 0.32%. The technologic sector didn't follow the lead, and TECH100 lost 0.05%. 

Oil slipped 0.5% to $41.70 per barrel, and Brent fell 0.4% to $44.14. 

Gold went up 1.2% to $1,865.10 per ounce. 

The Dollar Index was up 0.2%. 


Asia and Australia

On Wednesday, the Asian benchmarks parted with some of the Tuesday gains. The tensions between the US and China added fuel to the fire. Japan225 lost 0.28%.

HongKong45 added 0.26%.

Down Under, Australia200 was down 1.12%

USD/JPY stood still at 106.82. 

AUD/USD closed at $0.7138, the highest point since April 2019.

USD/CNH was at 7.0028.


Europe

The actions taken by both China and the US reverberated in Europe. Europe50 dropped by 1%. Germany30 lost 0.51%.

GBP/USD traded at $1.2734.

EUR/USD rose to $1.1543 after it gained 0.41% – the highest since January 10.

Read more about what is happening on the markets on CAPEX.com!

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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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

Europe50

$ 10

USD/JPY

$ 10

EUR/USD

$ 10

JAPAN225

$ 10

HongKong50

$ 10

Australia200

$ 10

BrentOil

$ 10

DollarIndex

$ 10

GBP/USD

$ 10

USD/CNH

$ 10

GOLD

$ 10

USA30

$ 10

AUD/USD

$ 10

Germany 40

$ 10

TECH100

$ 10

OIL

$ 10