The FOMC meeting had a mixed impact over the American markets
Despite the success that Snowflake had, the benchmarks focused on the #FOMC meeting, which didn't bring too much light over the state of the economy, as they decided to keep the interest rates as they are. USA30 added 0.47%. TECH100 lost 0.65%, while USA500 was flat.
Gold rose 0.4% to $1,973.75 per ounce.
The Dollar Index was down 0.1% to 93.067.
Asia and Australia
HongKong45 lost 0.07% even though the lockdown measures to curb the spread of #COVID-19 have been eased since Friday.
Japan225 added 0.10% ahead of the Bank of Japan update on the monetary policy decision.
Down under, Australia200 gained 0.89%.
USD/JPY settled at 105.25 – a two-week low.
EUR/USD was up 0.1% at 1.1852.
GBP/USD added 0.1% to 1.2894.
Trading is about information. Stay updated with CAPEX.com!
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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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.