Monday , January 25 2021

Wall Street suffers from slight losses and failed to complete the positive day for European stock markets

However, the telephone conversation pushed the global stock markets after the hostile day yesterday. Earlier Tuesday, Chinese and US authorities talked about the trade conflict, unleashing optimism on the market. However, the situation changed after the threat that Trump sent to Congress.

The advance in the trade war talks favored major Asian shares. Nikkei from Tokyo rejected the day with a slight drop of 0.34%. Meanwhile, the CSI 300 closed at a sharp rise of 0.07%, while Hang Seng in Hong Kong jumped 0.48%.

The good time that was inspired during the first operations prevented the effect generated by the uncertainty about Brexit. In this sense Dax from Germany led the record with a growth of 1.49%, followed by Cac 40 with an advance of 1.31%. Behind it was the Euro Stoxx 50 index, which brings together the largest companies in the Eurozone with a daily profit of 1.27%.

Similarly, the FTSE 100 recovered to 1.27% in the middle of the negotiations to determine the future of the United Kingdom and the European Union.

China and the United States are generating hope and discussing upcoming trade talks over the phone

In the case of Wall Street, the situation turned into a strong turn after the Trump threat to build the wall on the border with Mexico. The president has confirmed that if Congress does not approve the funds needed to raise the wall, the government will close on December 21st. The measure will be implemented even if the Democrats do not vote in favor of the money.

The message brought the climate to nervousness between the markets and dragged Wall Street. Dow Jones closed with a new loss of 0.22%, while the S & P500 fell by 0.04%.

As for the major stock markets in the region, Mexico's IPC headed losses at a loss of 0.96%, followed by Ibovespa with a 0.22% adjustment. At the local level, the Santiago Stock Exchange is offset by low levels and is working at 0.71%.

The pound has been collected for a minimum of 20 months to the one that fell due to Brexit's insecurity; the dollar recedes

On the raw materials market, oil is recovering from losses of over 3% recorded yesterday. WTI, the benchmark in the US, is working at a 1% growth and traded at $ 51.55 a barrel, while Europe's Brent rose 0.40% to $ 60.26.

Meanwhile, copper has retreated into the hands of China and the United States. The spot price rose by 0.85%, which led to $ 2.74 a pound on the London Metal Exchange.

The Santiago Stock Exchange rises thanks to Latam

The Santiago Stock Exchange closed higher thanks to Latam Airlines shares, which rose by 4.74% due to the fact that rival Avianca Brasil applied for bankruptcy protection and a favorable report showing an increase of 5.1 %. in passenger traffic in November, supported by his Spanish-speaking services and his activities in Brazil.

IPSA registered a growth of 0.73% thanks to the good day of the airline and the advance of Falabella, which was eliminated by the fall of the industrial group Copec

Falabella's shares reached 3.18% to $ 4,976.8 per unit, and Empresas Copec's shares lost 2.80% to $ 8,553.90.

Avianca Brasil receives protection from bankruptcy and Latam Airlines shares are rising

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