
International tensions are pushing down the markets.
The US
The American benchmarks traded lower after the Unemployment Claims came higher than expected, and due to the new scandal between President Trump and Twitter officials. USA30 lost 0.1%. USA500 was down 0.5%, while TECH100 slid 0.2%.
Oil gained 0.7% to $38.22 per barrel. Brent Oil added 0.3% to $40.84, after OPEC+ pledged more cuts.
Gold went up 0.25% to $1,735.35 per ounce, as the tensions between the US and China are rising.
The Dollar Index slipped 0.03% to 97.373.
Asia and Australia
The new outbreak seems to pass by some Asian markets. Japan225 rose 0.33%.
HongKong45 lost 0.09, even though the latest outbreak is kept under control.
ASX added 1.11% after the Bureau of Statistics announced a 16.3% increase in retail turnover for May.
USD/JPY lost 0.11% to 106.84.
AUD/USD gained 0.12% to 0.6860.
USD/CNY closed at 7.0864 after it lost 0.01%.
Europe
France40 lead the losses in Europe with -0.4%. Germany30 lost 0.1%, while UK100 shed 0.3%.
GBP/USD was close to a two-week low at $1.2403 as the bond-buying program set in motion by the Bank of England might not be enough to keep the economy afloat.
EUR/USD stood still at $1.200.
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.