The vaccine-induced momentum persisted on the markets - Wednesday Review, November 25

The vaccine-induced momentum persisted on the markets - Wednesday Review, November 25

The majority of the global markets continued the rally

The US

The higher-than-expected number of unemployment claims impacted the markets: USA30 fell 0.58%, while USA500 was down 0.14%. TECH100 gained 0.47% as the rumor has it that Slack is to be purchased by Salesforce.

Crude Oil settled up 1.8% at $45.71 per barrel.

Gold added 0.3% settling at $1,810.30 per ounce.

Asia and Australia

The stocks closed in the green as optimism over a viable COVID-19 vaccine didn’t dissipate.

Japan225 surged 1.60%.

HongKong45 rose 1.51% as the city is expected to impose tighter measures to curb the number of COVID-19 infections.

Down under, Australia200 gained 0.84%.

Europe

The markets traded higher, still under the influence of the COVID-19 vaccine-induced momentum. Germany30 added 0.2%. France40 and UK100 each traded 0.5% higher.

Brent Oil went up 1.4% to $48.53 a barrel.

EUR/USD traded at 1.1919 after it added 0.3%.

Sources: reuters.com, investing.com

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