Raised ECB forecasts pushed European stocks higher
Wall Street closed the day mixedly as investors focused on potential corporate tax hikes and upcoming economic data. USA30 rose 0.76%, while TECH100 dropped 0.07%. USA500 closed 0.23% higher, breaking a five-day losing streak.
Oil traded 0.8% higher at $70.27 a barrel.
Gold fell 0.1% to $1,791.05 per ounce.
Asia and Australia
On Monday, stocks were mainly lower, with traders focusing on the risk of slower economic recovery from COVID-19 amid elevated inflation.
Japan225 was down 0.21%.
HongKong45 slid 1.80%.
Down under, Australia200 was up 0.31%.
Markets ended higher, with investors buying into the idea of a strong economic recovery in the region following last week’s ECB policy decision. Germany30 traded 0.7% higher. France40 and UK100 each climbed 0.5%.
Brent oil rose 0.7% to $73.45 per barrel.
EUR/USD lost 0.3% trading at 1.1778.
Sources: investing.com, reuters.com
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