Investors awaited key economic data - Monday Review, June 7

By: Miguel A. Rodriguez

11:31, 08 June 2021

1623139561.png
Some stocks pared gains on caution regarding inflation and economic data

The US

Wall Street closed mixedly as investors stand by on news of a minimum global tax rate, inflation, and a lack of market-moving economic news. USA30 fell 0.36%, while USA500 lost 0.08%. TECH100 went up 0.49%.

Crude oil fell 0.33%, hitting $69.39 a barrel.

Gold was up 0.27% to $1,897.05 per troy ounce.

The Dollar Index was down 0.22% at 89.938.

 

Asia and Australia

Stocks were mostly down, with investors focusing on the US employment report released at the end of the previous week. HongKong45 was down 0.72%.

Japan225 was up 0.28%.

Down under, Australia200 lost 0.04%.

 

Europe

Markets closed predominantly higher, despite fears over rising inflation. Germany30 fell 0.10%. France40 rose 0.43%, hitting a new 5-year high. Europe50 ended up about 0.2%.

Brent oil traded 0.33% at $71.65 a barrel.

EUR/USD was up 0.25% to 1.2196.

Sources: investing.com, reuters.com

Share this article

This information prepared by capex.com/za is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of capex.com/zaJME Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.

Most affected instruments

USA500

$ 10

TECH100

$ 10

USA30

$ 10

OIL

$ 10

GOLD

$ 10

DollarIndex

$ 10

Australia200

$ 10

HongKong50

$ 10

JAPAN225

$ 10

Europe50

$ 10

EUR/USD

$ 10

France40

$ 10

Germany 40

$ 10