LONDON, UK – Global stocks were slightly weaker, trading in low volumes on Thursday as US markets were closed for the Thanksgiving holiday.
“The global rally appears to have come to a standstill for now … while the release of vaccine results is promising, we don’t yet know when this pandemic will be completely over,” reported Hussein Sayed, chief market strategist of trading company FXTM, according to Reuters Thomson. in a note published Thursday.
The US dollar remained weak, but selling momentum was not strengthened in Europe after minor gains were recorded in Asia.
In London, the FTSE 100 fell 0.46%. The German Dax fell 0.02%, while in Paris, France, the CAC 40 lost 0.08%.
In Asian markets, The Australian All Ordinaries lost 39.40 points or 0.57% on Thursday to close at 6,848.80.
The Nikkei 225 in Japan jumped 240.45 points or 0.91% to 26,537.31.
In China, the Shanghai Composite index rose 7.41 points or 0.22% to 3,364.73.
Hong Kong’s Hang Seng advanced 149.70 points or 0.56% to 26,819.05.
The euro consolidated above 1.1900 on Friday, ending in London around 1.1913. The British pound was requested at 1.3358. The Japanese yen climbed back to 104.25. The Swiss franc appreciated to 0.9066.
The Canadian dollar was stable at 1.3018. The Australian dollar was capped at 0.7364. The New Zealand dollar was little changed, at the high 0.7008.