
COVID-19 vaccine rollout in the US and Brexit talks got the markets going up
The USA
The markets cheered the COVID-19 vaccine rollout and closed in the green territory. USA30 gained 1.13%, while USA500 went up 1.29%. TECH100 added 1.25%.
Gold was up 1.39% to $1,857.55 per ounce.
Crude oil rose 1.19%, reaching $47.55 a barrel.
The Dollar Index lost 0.31% and traded at 90.373.
Asia and Australia
The benchmarks traded lower on Tuesday amid tighter COVID-19 restrictions.
HongKong45 fell 0.76%.
Japan225 lost 0.20%.
Down under, Australia200 slipped 0.26% after China banned imports of Australian coal.
USD/JPY closed 0.40% lower at 103.61.
Europe
The rising number of COVID-19 infections was put aside as the markets focused on the ongoing Brexit negotiations. Germany30 closed 1.06% higher, while France40 added 0.6%. UK100 climbed 0.3%.
Brent oil added 0.82% to trade at $50.70 a barrel.
EUR/USD traded at 1.2160 after it gained 0.14%.
Sources: investing.com, marketwatch.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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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.