Notifications Bell

Markets can’t catch a break amid Fed minutes, and disappointing economic data - Wednesday Review, May 19

Markets can’t catch a break amid Fed minutes, and disappointing economic data - Wednesday Review, May 19

European stocks ended lower, dragged by the US selloff

The US

Wall Street ended lower after Fed’s Meeting Minutes showed that the US economy is still far from the central bank’s goals USA30 fell 0.48%, while USA500 lost 0.29%. TECH100 dropped 0.03%.

Crude oil traded 1.4% lower at $64.61 per barrel.

Gold rose 0.1% to $1,869.05 per ounce.

Asia and Australia

Japan225 settled up 2.09% as investors shrugged off disappointing GDP data.

HongKong45 traded 1.42% higher, boosted by gains in the energy and telecom sectors.

Down under, Australia200 finished 0.60% up, after the heavyweight mining and energy sector stocks traded higher.


Stocks traded lower following the late selloff reported on Wall Street. Germany30 traded 1.1% lower, while France40 fell 0.9%. UK100 dropped 1%.

Brent oil fell 1.3% to $67.86 a barrel.

EUR/USD traded at 1.2224 after it went up 0.1%.


The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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 and forecasts are not reliable indicators of future results.