Financial Markets Daily

In the currency market

Euro: The euro fell for the third day in a row to close down 0.07% at 1.2100. On the technical front, the initial resistance to the upward movement of the exchange rate is at 1.2124, further resistance is at 1.2148, and key resistance is at 1.2162. Initial support for the lower exchange rate is at 1.2086, further support is at 1.2072, and more critical support is at 1.2049.

Sterling: Sterling fell for a third day against the DOLLAR, closing down 0.19% at 1.3350. Technically, the initial resistance to the exchange rate upward is at 1.3399, further resistance is at 1.3448, and the key resistance is at 1.3504. The initial support is at 1.3295, further support is at 1.3239, and more critical support is at 1.3190.

Jpy: UsdJPY turned higher, closing up 0.10% at 104.14. Technically, the initial resistance to the exchange rate upward is at 104.25, further resistance is at 104.35, and key resistance is at 104.51. Initial support for the lower exchange rate is at 104.00, further support is at 103.85, and more critical support is at 103.75.

The stock market

At the close, the Dow Jones Industrial Average was up 104.10 points, or 0.35%, at 30173.88, after hitting an all-time high of 30246.22. The S&P 500 closed up 10.30 points, or 0.28%, at 3,702.25, its first close above 3,700. The Nasdaq Composite index closed up 62.80 points, or 0.50%, at 12,582.77.

New York (Marketwatch) – Novel Coronavirus vaccine (HACCP) vaccine is a novel irus vaccine, but trade talks between the United Kingdom and the European Union are still stalled, with European shares closing mixed on Tuesday. The Pan-European Stoxx 600 index closed up 0.80 points, or 0.20%, at 393.64. Germany’s DAX30 index closed up 7.49 points, or 0.06%, at 13,278.49. Britain’s FTSE 100 index closed up 3.43 points, or 0.05%, at 6,658.82. The CAC-40 index in France closed down 12.71 points, or 0.23%, at 5,560.67. In Europe, the Stoxx 50 index closed down 4.73 points, or 0.13%, at 3,525.35. Spain’s IBEX35 index closed 48.60 points, or 0.59%, lower at 8,227.00. Italy’s FTSE MIB index closed down 53.76 points, or 0.24%, at 22,053.42.

Commodity markets

In late U.S. trading, spot gold closed at $1,870.41 an ounce, up $7.83 0.42 percent, after hitting its highest level since November 23 at $1,875.23 an ounce and as low as $1,860.11 an ounce.

February gold futures ended up 0.5 percent at $1,874.90 on COMEX.

Two major crude oil futures closed volatile on Tuesday as U.S. stimulus talks lost momentum and the epidemic continued to damage the outlook for oil demand. U.S. WTI crude for January delivery closed down 16 cents, or 0.35 percent, at $45.60 a barrel at press time. Brent crude for February delivery ended up 5 cents, or 0.10 percent, at $48.84 a barrel after hitting an intraday low of $48.09. In the previous session, American Oil closed down 50 cents, or 1.08 percent, at $45.76 a barrel. Cloth oil closed down 46 cents, or 0.93 percent, at $48.79 a barrel.

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