The Chinese crackdown continues to impact investor sentiment
The US
Wall Street ended the day in a mixed fashion as the Federal Reserve announced that US economic recovery is on track. Moreover, Chair Jerome Powell said the central bank is still streets away from considering raising interest rates. USA30 declined 0.36%, while USA500 traded 0.02%. TECH100 gained 0.70%.
Crude oil rose 0.88% to $72.28 per barrel.
Gold was up 0.37% to $1,806.50 per ounce.
Asia and Australia
Stocks closed mainly lower as broadening regulatory crackdowns in China roiled stocks, leaving international investors bruised.
Japan225 fell 1.16%.
HongKong45 rose 0.83%, with investors still cautious over the impact of the Chinese crackdown on lucrative sectors.
Down under, Australia200 lost 0.54% as the Q2 consumer price index beat expectations, rising by 0.8% quarter-over-quarter.
USD/JPY rose 0.10% to 109.88.
Europe
Markets ended higher, driven by strong earnings in the banking sector and ahead of the latest Federal Reserve meeting outcome. Germany30 and UK100 each traded 0.2% higher. France40 added 0.5%.
Brent oil rose 0.31% to trade at $73.75 a barrel.
EUR/USD was up 0.29% to 1.848.
Sources: investing.com, reuters.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.
