Article Hero

Global inflation worries were toned down by Fed’s comments - Tuesday Review, May 25

Miguel A. Rodriguez
Miguel A. Rodriguez
26 Mai 2021
Asian stocks traded higher amid promising economic news

The US

Wall Street snapped out of its winning streak as a slump in energy offset gains in leisure and travel stocks amid optimism on the progress made to an economic reopening. USA30 fell 0.24%, while USA500 lost 0.21%. TECH100 slipped 0.03%.

Crude oil rose to $66.07 a barrel.

Gold was up 0.7% at $1,898 per ounce.


Asia and Australia

Stocks were up as comments from US Federal Reserve officials eased concerns about inflation. Japan225 gained 0.70% after Bank of Japan Haruhiko Kuroda pledged to keep the monetary policy ultra-loose.

HongKong45 rose 1.29%.

Down under, Australia200 was up 0.53%. Melbourne has restricted gatherings as it is going through a new COVID-19 outbreak.



Germany30 rose 0.2%. News that the most prominent European residential property group – Vonovia SE – will take over its rival Deutsche Wohnen for approx. $22 billion pushed the index higher. France40 was 0.1% higher. UK100 fell behind the other major indexes, ending the day 0.2% lower.

Brent oil rose 0.3%, settling at $68.65 per barrel.

EUR/USD reached its highest point since January, trading at 1.2266.







Miguel A. Rodriguez
Miguel A. Rodriguez

Miguel a lucrat pentru instituții financiare importante, precum Banco Santander și Banco Central-Hispano. De asemenea, a publicat cărți despre Forex.