CPI and earnings caught investors’ eyes
Wall Street ended in the red Tuesday after hitting record highs. Investors focused on the jump in consumer prices in June and earnings. USA30 fell 0.31%, while USA500 traded 0.35% lower. TECH100 edged 0.38% lower.
Crude oil rose 1.67% to $75.34 per barrel.
Gold was up 0.12% to $1,808.05 a troy ounce.
The Dollar Index was up 0.56% at 92.773.
Asia and Australia
Markets were up ahead of the trade data from China and the US inflation metrics. Moreover, on investors’ radars were the second-quarter earnings.
HongKong45 surged 1.55%.
Japan225 traded 0.83% higher.
Down under, Australia200 was up 0.46%.
USD/JPY rose 0.25% to 110.62.
Stock markets traded in a mixed fashion, with the banking sector helping the British index outperform, following the scrapping of dividend curb by the Bank of England. Germany30 and France40 each traded 0.2% lower. UK100 climbed 0.3%.
Brent oil rose 1.82% to trade at $76.53 a barrel.
EUR/USD was down 0.67% to 1.1779.
Sources: investing.com, reuters.com