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Investors awaited key economic data - Monday Review, June 7

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Miguel A. Rodriguez
Miguel A. Rodriguez
08 červen 2021
Some stocks pared gains on caution regarding inflation and economic data

The US

Wall Street closed mixedly as investors stand by on news of a minimum global tax rate, inflation, and a lack of market-moving economic news. USA30 fell 0.36%, while USA500 lost 0.08%. TECH100 went up 0.49%.

Crude oil fell 0.33%, hitting $69.39 a barrel.

Gold was up 0.27% to $1,897.05 per troy ounce.

The Dollar Index was down 0.22% at 89.938.

 

Asia and Australia

Stocks were mostly down, with investors focusing on the US employment report released at the end of the previous week. HongKong45 was down 0.72%.

Japan225 was up 0.28%.

Down under, Australia200 lost 0.04%.

 

Europe

Markets closed predominantly higher, despite fears over rising inflation. Germany30 fell 0.10%. France40 rose 0.43%, hitting a new 5-year high. Europe50 ended up about 0.2%.

Brent oil traded 0.33% at $71.65 a barrel.

EUR/USD was up 0.25% to 1.2196.

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.