The second wave of COVID-19 convinced countries to impose new strict lockdowns
USA30 fell 3.43%, marking the most significant daily decline since July. USA500 went down 3.52%, and TECH100 slumped 3.73%. The drops resulted from the new lockdowns rumored to curb the sharp rise in COVID-19 infections.
Gold inched down 1.7% to $1,879.20 an ounce.
Asia and Australia
Japan225 was down 0.24% ahead of the Bank of Japan monetary policy announcement.
HongKong45 fell 0.46%.
Down under, Australia200 gained 0.31% after the country’s Consumer Price Index (CPI) rose 1.6% in the past quarter.
USD/JPY lost 0.21% to 104.19.
The benchmarks closed in the red after countries such as France and Germany announced lockdowns that will take effect starting Friday and Monday, respectively, to curb the second wave of COVID-19 infections.
Germany30 went down 4.1%, finishing at a level unseen since May 26.
Sources: marketwatch.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This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.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