German economic data showed the GDP rose more than expected in Q2
Wall Street ended higher, as the FDA’s full approval of a COVID-19 vaccine and the absence of negative catalysts kept risk appetite alive ahead of the Jackson Hole Symposium. USA30 rose 0.09%, and USA500 gained 0.15%. TECH100 added 0.52%.
Crude oil went up 1.1% at $66.39 a barrel.
Gold rose 0.2% to $1,803.15 per ounce.
Asia and Australia
Stocks were up, boosted by the FDA’s approval of the COVID-19 vaccine, which is expected to increase US vaccination rates and assuage concerns over the virus’s impact on global economic recovery.
Japan225 rose 1.12%.
HongKong45 was up 0.28%.
Down under, Australia200 traded 0.28% higher.
Markets closed in the green, helped by stronger than expected German growth and the full US approval of the Pfizer-BioNTech COVID-19 vaccine.
Brent oil rose 1.2% to $69.19 per barrel.
EUR/USD lost 0.1% trading at 1.1737.
Sources: investing.com, reuters.com
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