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Trump’s impeachment was in focus - Wednesday Review, January 13

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 January 2021
The House voted for Trump to be impeached for the second time amid Capitol riot

The US

Nancy Pelosi’s move was successful yesterday as the House voted to impeach President Donald Trump for the second time in less than two years.  USA30 fell 0.03%, while USA500 added 0.27%. TECH100 went up 0.43%.

Crude oil closed 0.3% higher at $53.37 per barrel.

Gold reached $1,857.35 per ounce gaining 0.7%.

The Dollar Index added 0.1% reaching 90.136.

 

Asia and Australia

Markets cheered the upcoming Biden administration expected to ramp up both the fiscal stimulus and the COVID-19 vaccine rollout, markets were up. Moreover, large parts of the economy will reopen. Japan225 closed 0.83% higher even though the administration will extend the state of emergency imposed last week to seven additional prefectures.

HongKong45 inched up 0.07%.

Down under, Australia200 added 0.04%.

 

Europe

Europe50 and Italy40 each rose 0.2%. While UK100 added 0.1%, Germany30 lost 0.1%, as the country’s Chancellor Angela Merkel was considering extending the current lockdown.

Brent oil traded at $56.84 a barrel after it gained 0.5%.

EUR/USD lost 0.2% trading at 1.21875.

Sources: reuters.com, investing.com

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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.