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Brexit is afoot! - Wednesday Review, December 23

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Miguel A. Rodriguez
Miguel A. Rodriguez
24 diciembre 2020
Stocks ended higher despite pandemic, and US stimulus bill news

The US

Despite the significant number of unemployment claims and President Trump’s reluctance to sign the $900 billion stimulus bill, the day ended mostly on a high note for the country’s benchmarks. USA30 added 0.38%, while USA500 was up 0.07%. TECH100 lost 0.29%.

Crude oil rose 1.98%, hitting $47.95 per barrel.

Gold was up 0.4% at $1,878.10 per ounce.

 

Asia and Australia

The markets closed higher even though the number of COVID-19 cases increased in the past week, and the lockdown restrictions will be in force until the end of the year.

Japan225 edged up 0.12%.

HongKong45 added 0.07%

Down under, Australia200 went up 0.54%.

 

Europe

Brexit being close to an end led to the second consecutive day of gains for stocks on the Old Continent. Europe50 rose 0.3%, while Germany30 gained 1.30%.

Brent oil went up 1.94%, trading at $51.05 a barrel.

EUR/USD traded 0.27% higher at 1.2194.

Read here about the latest US unemployment claims report!

Sources: investing.com, reuters.com

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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.