
The forthcoming US Federal Reserve symposium keep investors on their toes
The US
Wall Street closed lower, with stocks in consumer discretionary, technology, financials among the biggest losers. Now, investors are waiting for the annual Federal Reserve Jackson Hole policy symposium on Friday. USA30 fell 0.54%, while USA500 lost 0.58%. TECH100 dropped 0.64%.
Crude oil settled down at $67.42 a barrel after it lost 1.4%.
Gold gained 0.15%, trading at $1,792.20 per ounce.
The Dollar Index was up 0.25%.
Asia and Australia
Markets were down, with China’s regulatory tightening for private industries clouding investor sentiment.
Japan225 fell 0.06%.
HongKong45 lost 0.24%.
Down under, Australia200 traded 0.39% lower.
Europe
Shares ended lower after data showed faltering German consumer morale amid rising COVID-19 cases. Germany30 dropped 0.4%, marking its lowest level in a week. France40 and UK100 declined 0.2% and 0.4%, respectively.
Brent oil lost 1.6%, reaching $71.07 per barrel.
EUR/USD was down 0.09% to 1.1760.
Sources: investors.com, reuters.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 and forecasts are not reliable indicators of future results.