Brexit is afoot! - Wednesday Review, December 23

Brexit is afoot! - Wednesday Review, December 23

Stocks ended higher despite pandemic, and US stimulus bill news

The US

Despite the significant number of unemployment claims and President Trump’s reluctance to sign the $900 billion stimulus bill, the day ended mostly on a high note for the country’s benchmarks. USA30 added 0.38%, while USA500 was up 0.07%. TECH100 lost 0.29%.

Crude oil rose 1.98%, hitting $47.95 per barrel.

Gold was up 0.4% at $1,878.10 per ounce.

Asia and Australia

The markets closed higher even though the number of COVID-19 cases increased in the past week, and the lockdown restrictions will be in force until the end of the year.

Japan225 edged up 0.12%.

HongKong45 added 0.07%

Down under, Australia200 went up 0.54%.

Europe

Brexit being close to an end led to the second consecutive day of gains for stocks on the Old Continent. Europe50 rose 0.3%, while Germany30 gained 1.30%.

Brent oil went up 1.94%, trading at $51.05 a barrel.

EUR/USD traded 0.27% higher at 1.2194.

Read here about the latest US unemployment claims report!

Sources: investing.com, reuters.com

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