Market Recap

Posted on January 23, 2021 by admin in News

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Week Ending 22nd January 2021

The coronavirus pandemic is still raging throughout large parts of the world and China is facing a resurgence of the outbreak, yet investors keep pushing luxury-goods stocks higher, undeterred by near-record valuations.

The combination of robust Chinese spending growth and a strong start to the earnings season is seen supporting stocks such as LVMH, Hermes International and Kering SA, all of which reached record highs in the past two months. The quality of the businesses and their substantial position in the stock market are causing some investors to compare the companies to U.S. technology behemoths.

Markets Close Friday

UK markets
UK markets	% change	Value	Change
FTSE 100 LondonCLOSED	-0.30%	6695.07	-20.35
FTSE 250 LondonCLOSED	-0.95%	20596.91	-196.81

Europe markets
Europe markets	% change	Value	Change
AEX AmsterdamCLOSED	+0.19%	660.53	+1.23
Cac 40 ParisCLOSED	-0.56%	5559.57	-31.22
DAX FrankfurtCLOSED	-0.34%	13873.97	-47.40
Euro Stoxx 50 Pan EuropeanCLOSED	-0.44%	3602.41	-15.94
IBEX 35 MadridCLOSED	-1.06%	8036.40	-85.70

US markets
US markets	% change	Value	Change
Dow Jones New YorkCLOSED	-0.57%	30606.48	-179.03
Nasdaq New YorkCLOSED	+0.09%	13543.06	+12.15
S&P 500 ChicagoCLOSED	-0.30%	3756.07	-11.60

Asia markets
Asia markets	% change	Value	Change
BSE Sensex BombayCLOSED	-1.83%	48878.54	-913.58
Hang Seng Hong KongCLOSED	-1.60%	29447.85	-479.91
Nikkei 225 TokyoCLOSED	-0.44%	28631.45	-125.41

Currencies

GBP
	% change	One £ buys	Change
GBP against Euro	-0.01%	€1.1242	0.0000
GBP against Yen	+0.01%	¥141.9980	+0.0090
GBP against USD	+0.01%	$1.3684	0.0000

USD
	% change	One $ buys	Change
USD against Euro	-0.01%	€0.8216	0.0000
USD against GBP	+0.02%	£0.7308	0.0000
USD against Yen	0.00%	¥103.7735	0.0000

Euro
	% change	One € buys	Change
Euro against GBP	0.00%	£0.8895	0.0000
Euro against Yen	+0.01%	¥126.3090	+0.0110
Euro against USD	+0.01%	$1.2172	0.0000

Yen
	% change	One ¥ buys	Change
Yen against Euro	-0.01%	€0.0080	0.0000
Yen against GBP	-0.01%	£0.0070	0.0000
Yen against USD	0.00%	$0.0100	0.0000

Commodities

Oil
Commodity	% change	dollars per barrel	Change
Brent Crude Oil Futures	-1.92%	55.07	-1.08
WTI Crude Oil Futures	-1.89%	52.06	-1.00

Gold
Commodity	% change	dollars per ounce	Change
Gold (Forex Index am fix)	0.00%	1867.65	0.00
Gold (Forex Index pm fix)	+0.30%	1862.10	+5.50

Natural Gas
Commodity	% change	dollars per million BTU	Change
Natural Gas (Henry Hub Futures)	-1.81%	2.45	-0.05

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