Wall Street closed lower as the US Federal Reserve officials hinted that the central bank could start raising interest rates in 2023, a year earlier than expected. USA30 fell 0.77%, and USA500 lost 0.54%. TECH100 dropped 0.24%.
Crude oil rose to $72.15 per barrel, after reaching $72.99 – the highest level since October 2018.
Gold was up 0.29% to $1,861.85 a troy ounce.
The Dollar Index traded 0.02% lower at 90.483.
Asia and Australia
Japan225 was down 0.31% after trade data for May was lower than expected, exports growing 49.6% year-on-year.
HongKong45 edged down 0.16%.
Down under, Australia200 was up 0.24%. The country’s prime minister announced that officials are bolstering legal arguments ahead of potentially taking the wine-tariff dispute with China to the World Trade Organization.
Markets closed in a mixed manner, as some were cautious ahead of the US Federal Reserve meeting. Others focused on the latest economic metrics. UK100 rose 0.2% even though data showed an unexpected jump in inflation, above the Bank of England’s 2% target in May. Spain35 fell 0.3%, while Germany30 lost 0.12%.
Brent oil gained 0.5%, hitting $74.39 a barrel.
EUR/USD traded at 1.2115 after it lost 0.07%.
Sources: investing.com, reuters.com