The global markets were high on hope
The benchmarks have been pushed higher by a possible COVID-19 #vaccine and Jerome Powell's speech due on Thursday. USA30 fell 0.21%, while USA500 rose 0.36%. TECH100 closed at an all-time high after it gained 0.76%.
#Oil prices reached their highest level in almost six months as Hurricane Laura nearly hit a couple of refineries in the US. Crude Oil added 1.9% to $43.56 per barrel, while Brent inched up 1.6% to $46.39.
Gold settled down 0.8% at $1,923.10 per ounce.
The Dollar Index fell by 0.2% at 93.061.
Asia and Australia
The stocks were boosted by the records reached by the American benchmarks amid the possible #COVID-19 vaccine.
Japan225 reached a six-month high after it added 1.35%.
HongKong45 lost 0.17% after a man was found positive for COVID-19 for the second time, confirming, therefore, the hypothesis that reinfection is possible.
Australia200 gained 0.50% even though the Commonwealth Bank of Australia painted a bleak picture of the post-pandemic economic recovery.
USD/JPY was up 0.20% to 106.19.
EUR/USD traded 0.4% higher at $1.18325.
Sources: reuters.com, investing.com
This information is prepared for general circulation. It does not have 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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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 sc.capex.com