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Global stocks mixed as investors await the Fed meeting - Monday Review, June 14

Miguel A. Rodriguez
Miguel A. Rodriguez
15 June 2021
Multiple markets reached new record highs

The US

Wall Street closed the day in a mixed manner, as investors were waiting for the two-day Federal Reserve policy meeting due to start Tuesday.  USA30 was down 0.25%, while USA500 added 0.18%. TECH100 was up 0.74%, closing at a record high of 14,174.14.

Crude oil rose 0.78% to hit $71.46 a barrel.

Gold was down 0.76% to $1,865.35 per troy ounce.

The Dollar Index traded 0.11% lower at 90.430.


Asia and Australia

Japan225 rose 0.74%, hitting a new 1-month high after the revised industrial production showed a 2.9% increase, marking a boost from the 2.5% growth initially forecasted.

Chinese and Australian markets were closed for the Dragon Boat Festival and the Queen’s Birthday.

USD/JPY was up 0.03% to 109.69.



The stock market closed mixedly, with expectations of accommodative monetary policy growing even though the global economic recovery picked up speed. Germany30 fell 0.13%. UK100 closed 0.18% higher, reaching its highest level since February 2020, as investors awaited an update on the country’s COVID-19 lockdown measures.

Brent oil traded 0.80% higher to trade at $73.27 a barrel.

EUR/USD was up 0.16% to 1.2125.


The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            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.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books. 

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