Multiple markets reached new record highs
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.
Sources: investing.com, reuters.com