Yesterday the markets were reminded that the economic recovery is lagging as the number of infections increases daily. USA30 slumped 1.31%, while USA500 lost 1.23%. TECH100 fell by 2.29%.
Oil traded at $41.85 per barrel, while Brent lost 9 cents to $44.20.
Gold rose 0.6% to $1,888 per ounce – the highest it has been in nine years.
The Dollar Index slipped 0.7% to 94.585.
Asia and Australia
The Sino-US tensions are rising as each country ordered the other to close consulates.
HongKong45 slid 0.08%.
Australia200 fell 0.16%
USD/JPY lost 0.28% to 0.7115.
USD/CNY gained 0.05% to 7.0066.
Europe put aside the high number of COVID-19 cases and focused on corporate earnings (Daimler, Unilever, Roche). Europe50 climbed 0.57%. Germany30 gained 0.64%, while UK100 added 0.58%.
EUR/USD was up 0.1% to $1.1583.
GBP/USD added 0.11% to 1.2753.
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Sources: investing.com, reuters.com