Mixed investors feeling amid fiscal stimulus and COVID-19-related developments
Investors remained on guard on fiscal stimulus hopes, with optimism rising over vaccine rollouts and decreased COVID-19 infections. USA30 fell 0.03%, while USA500 went down 0.08%. TECH100 went up 0.14%, marking another record high closing.
Crude oil rose 0.74% trading at $58.40 per barrel.
Gold was up 0.16% at $1,837.10 per ounce.
The Dollar Index traded at 90.442.
Asia and Australia
Stocks followed their American peers, focusing on the upcoming fiscal stimulus, and Jerome Powell’s speech due on Wednesday.
Japan225 was up 0.24%.
HongKong45 closed 0.29% lower.
Down under, Australia200 fell 0.54%.
USD/JPY lost 0.62% to 104.57.
Markets edged lower, even though the energy sector outperform, with Total leading the way. Germany30 lost 0.5% even though the economic reading showed that its exports rose in December 2020. UK100 and France40 each lost 0.1%.
Brent oil rose 0.76%, reaching $61.16 per barrel.
EUR/USD traded at 1.2117 after it gained 0.57%.
Read here more about Total!
Sources: marketwatch.com, investing.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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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.