The asset tapering debate dominated global markets
Wall Street reached new records, as the debate over when the Federal Reserve will start to ease stimulus continued. USA30 rose 0.04%, while USA500 added 0.30%, both of them closing at record highs for the third consecutive day. TECH100 traded 0.35% higher.
Crude oil settled at $69.09 per barrel, down 0.2%.
Gold was up 0.09% at $1,754.95 a troy ounce.
The Dollar Index traded at 92.933 after gaining 0.02%.
Asia and Australia
Stocks were mostly up over signs that US inflation is moderating and concerns over an earlier-than-expected asset tapering by the US Federal Reserve receded. Japan225 was up 0.21%.
HongKong45 slipped 0.33%.
Down under, Australia200 inched up 0.01%.
Markets inched higher, clinging to a winning streak that is on its ninth day. Germany30 added 0.70%, hitting a new all-time high. France40 gained 0.36% reaching a new five-year high. UK100 traded 0.2% lower.
Brent oil lost 0.2%, trading at $71.31 a barrel.
EUR/USD was up 0.03% to 1.1740.
Sources: investing.com, marketwatch.com
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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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 za.capex.com
JME Financial Services (Pty) Ltd trading as ZA.CAPEX.COM acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via ZA.CAPEX.COM, 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.