Most markets gained momentum amid expectations of a new fiscal aid
Stocks closed higher as expectations for a new fiscal stimulus and progress made with the COVID-19 vaccine rollout could potentially lead to a more robust economic recovery. USA30 rose 1.4%, closing at a record high. USA500 added 1.1%, and TECH100 gained 0.99%.
Crude oil lost 0.5% reaching $61.38 per barrel.
Gold settled at $1,805.90 per ounce.
Asia and Australia
Markets were lower even though the US Federal Reserve pledged to continue its support for recovery from COVID-19, and their American peers closed at a record high.
Japan225 fell 0.93%.
HongKong45 slumped 2.36%.
Down under, Australia200 closed 1.05% lower.
Brent oil closed 0.2% lower at $64.35 per barrel.
EUR/USD traded at 1.2167 after it went up 0.2%.
Sources: investing.com, reuters.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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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.