Markets lost their momentum - Thursday Review, June 4

Markets lost their momentum - Thursday Review, June 4

European and American markets didn’t feel the push from their government’s measures.

The US

The benchmarks weren’t impressed by the fact that the number of unemployed people is decreasing. USA30 rose less than 0.1%, but it marked its fourth consecutive day of gains. USA500 and TECH100 both ended in the red, losing 0.3% and 0.7%, respectively.

Brent Oil was up 0.5% to $40.19 per barrel. Oil gained 0.2% to $37.49 per barrel.

Gold spiked 1.3% to $1,724.40 per ounce.

The Dollar Index added 0.11% to 96.765.


Asia and Australia

Asian markets gained as the internal and international conflicts seemed to cool down, at least for the moment.

Japan225 rose 0.36%, marking a three-month high.

HongKong45 added 0.2%.

ASX lost 0.09%.

USD/JPY went up 0.05% to 109.18.

USD/CNY gained 0.01% to 7.1081.

AUD/USD added 0.08% to 0.6947.


Europe

European benchmarks ended the day lower, even after at the ECB conference the stimulus package meant to blow the pandemic’s hit increased to $1.521 trillion. Europe50 lost 0.7%. UK100 went down 0.6%.Germany30 broke the winning streak and ended the day 0.45% lower.

EUR/USD gained 0.98% to 1.1342.

EUR/GBP went up 0.71% to 0.8994.

GBP/USD stood still at 1.2595.

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Sources: marketwatch.com, investing.com


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