Stocks edged higher amid promising economic data - Thursday Review, April 15

Stocks edged higher amid promising economic data - Thursday Review, April 15

Strong economic data and corporate earnings kept the momentum alive

The US

Wall Street reached new highs driven by promising data from the Commerce Department and the Department of Labor. USA30 rose 0.90%, closing at a record high. USA500 went up 1.11%, while TECH100 gained 1.3%.

Crude oil lost 0.1% to $63.06 a barrel.

Gold rose 0.6% reaching $1,747.20 per ounce.

Asia and Australia

Japan225 inched down 0.03% after the government reportedly considering multiple prefectures to require stricter COVID-19 measures.

HongKong45 fell 1.04% ahead of the GDP, industrial production, and fixed assets investment data due on Friday.

Down under, Australia200 edged up 0.11%.

Europe

Stocks edged higher as investors enjoyed a fresh round of economic data and corporate earnings. Germany30 and UK100 each traded 0.4% higher. France40 rose 0.2%.

Brent oil fell 0.1% to $66.50 per barrel.

EUR/USD traded flat at 1.1980.

Source: investing.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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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.