Wall Street gains, while the rest of the world loses

08:05, 16 June 2020

Mixed start of the week for the international markets - Monday Review, June 15

Newly emerged infection cases pushed most markets in the red

The US

The benchmarks gained after the central bank announced that it will purchase corporate bonds with maturity of up to five years. USA30 gained 0.62%. USA500 and TECH100 added 0.83%, and 1.43%, respectively.

Oil fell 3.9% to $34.83 per barrel. Brent Oil lost 2.7% to $37.71 per barrel.

Investors’ safe-haven, Gold, fell 0.7% to $1,725.25 per ounce.

The Dollar Index was close to a ten-day high at 97.20.

Asia and Australia

The Asian benchmarks fell after 47 new cases of infections were reported – the highest number in a month, after clubs and bars resumed their activity.

Japan225 lost 3.5%.

HongKong45 fell by 0.53%

Down Under, ASX lost 2.19% after energy, resources, and consumer discretionary sectors led the benchmark lower.

AUD/USD shed 1.14% to 0.6784.

USD/JPY added 0.16% to 107.48.

USD/CNY slipped 0.22% to 7.0729.

Europe

The European benchmarks lost as the number of COVID-19 infections started to increase yet again. France40 began the week the same way as it ended the previous one – leading the losses – 2.7%. Germany30 eased 2.6%, while UK100 dropped by 2.1%. Europe50 ended the day 0.5% lower.

EUR/USD traded at 1.1245 after it lost 0.1%.

GBP/USD added 0.52% to 1.2668 as investors expect the labor market data, and the Bank of England policy decision coming up this Thursday.

When it comes to the financial markets, nothing is certain, but you can stay informed by reading the latest financial news on Capex.com!

Sources: investing.com, marketwatch.com

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