Countries start reimposing COVID-19-related lockdowns - Tuesday Review, June 29

Countries start reimposing COVID-19-related lockdowns - Tuesday Review, June 29

Fears over Delta COVID-19 variant caused investors to be cautious

The US

Tech stocks eked out another record as strength in this segment kept the broader market above water even after solid earnings from bank stocks. USA30 gained 0.03%, while USA500 closed to an all-time high of 4,291.80 after it added 0.02%. TECH100 was up 0.19% to a record of 14,528.33.

Crude oil rose 0.51%, hitting $73.28 per barrel.

Gold was down 1.02% to $1,762.45 a troy ounce.

The Dollar Index traded 0.14% higher at 92.007.

Asia and Australia

Japan225 fell 0.87% after data released earlier in the day showed that retail sales grew better than expected 8.9% year-on-year in May.

Down under, Australia200 fell 0.73% after Perth became the third city to impose a lockdown thanks to the Delta variant of COVID-19.

HongKong45 traded 0.47% lower. The city administration announced that it would ban flights from the "extremely high risk" UK due to the latter's latest COVID-19 outbreak.

Europe

The gains reported in the homebuilders' sector pushed UK100 0.2% higher. Germany30 rose 0.88%, while France40 gained 0.14%.

Brent oil added 0.49% to $74.50 a barrel.

EUR/USD was down 0.15% to 1.1906.

Sources: investing.com, reuters.com

This information prepared by za.capex.com 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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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 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.