Markets on both sides of the Atlantic gained.
Though the increase in the number of infections scares investors, the benchmarks seem determined to end the month on a positive note: USA30 added 2.3%. USA500 advanced 1.5%, while TECH100 gained 1.2%.
Gold ended the day at $1,781.30 per ounce.
The Dollar Index slipped 0.05% to 97.448.
Asia and Australia
HongKong45 fell 0.49%, as the National People’s Congress Standing Committee is expected to pass the national security law on Hong Kong and Macau.
Japan225 was down 1.60% after the May retail sales dropped by 12.3%.
Down Under, ASX decreased by 1.62% as the state of Victoria still tries to keep the number of infections under control.
USD/JPY gained 0.15% to 107.72.
AUD/USD added 0.12% to 0.64.27.
USD/CNY lost 0.17% to 7.0671.
Germany30 gained 1.18% driven by gains in construction, chemicals, and basic resources.
UK100 rose by 1.3% after Prime Minister Johnson announced a stimulus package that will be used to save the economy and build hospitals, schools, and housing developments.
GBP/USD lost 0.5% to $1.2273.
EUR/USD was up 0.10% to 1.1228.
EUR/GBP added 0.44% to 0.9139.
Read the latest financial news and build your trading strategy! Visit CAPEX.com for more!
Sources: marketwatch.com, investing.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.