Article Hero

Stocks closed on record highs as investors believe in a global economic recovery - Wednesday Review, April 7

1617870196.png
Miguel A. Rodriguez
Miguel A. Rodriguez
08 April 2021
The easy monetary policy is kept unchanged by the Federal Reserve

The US

USA30 rose 0.05%, and USA500 went up 0.2%, the latter closing at a new record high. TECH100 was down 0.1%. The Federal Reserve minutes didn’t offer any new data regarding the monetary policy.

Crude oil was at $59.51 a barrel.

Gold closed at $1,736.4 per ounce.

The Dollar Index reached a two-week low at 92.246.

 

Asia and Australia

Markets were mixed, as global markets were close to new record highs, and investors continued to hope for a global economic recovery.

HongKong45 was down 0.60%.

Japan225 inched up 0.02%.

Down under, Australia200 edged up 0.16%.

USD/JPY traded at 109.92.

 

Europe

Stocks were close to record highs as investors were looking for data on services sector activity. Germany30 and France40 traded flat. UK100 gained 0.3% as the country began the rollout of the Moderna COVID-19 vaccine.

Brent oil traded at $62.67 per barrel.

EUR/USD was flat at 1.1871.

Sources: reuters.com, investing.com

disclaimers_articles

article_share_title

article_rating_title

awful
ok
great
awesome

read_more

Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.