Markets mixed after SP500 notches new record - 29.6.2021

IFC Markets

Master Trader
Oct 31, 2012
London (Great Britain)

Top daily news​

Stock index futures are pointing in different directions currently after SP500 and Nasdaq closed at fresh records on Monday. Facebook shares rose 4.18% after a US judge dismissed the antitrust complaint filed last year by the US Federal Trade Commission (FTC) and state attorneys general which claimed Facebook violated antitrust laws by buying photo-sharing app Instagram and messaging service WhatsApp in order to cut off emerging competitive threats and protect its monopoly. Alphabet shares slid 0.11% on Monday in after-hours on a report that the Justice Department is actively pursuing a probe on Google's business that places ads on others' websites.

Forex news​

Currency PairChange
EUR USD-0.13%
GBP USD-0.14%
USD JPY-0.04%
AUD USD-0.29%

The Dollar strengthening is intact currently . The [URL deleted] live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, added 0.1% on Monday as Federal Reserve Bank of Richmond President Thomas Barkin said the Fed has made “substantial further progress” towards its inflation goal in order to begin tapering asset purchases.

[URL deleted] EUR/USD joined [URL deleted] GBP/USD’s continued sliding Monday despite federal statistics office Destatis report the index of import prices in Germany rose more than expected in May. Both are lower currently. AUD/USD joined USD/JPY’s continuing retreating Monday with Australian dollar lower against the Greenback currently while yen is higher still.

Stock Market news​

Dow Jones Index-0.13%
Nikkei Index-0.57%
Hang Seng Index-0.75%
Australian Stock Index-0.53%

Futures on three main US stock indexes are mixed currently ahead of the Conference Board report on consumer confidence at 16:00 CET today while US 10-year Treasury yields declined toward 1.48% currently. The three US main stock benchmarks recorded daily returns ranging from -0.44% to 0.98% Monday with big tech companies including Facebook, Apple and Amazon leading gains.

European stock indexes are up currently after ending lower in a choppy session Monday led by travel and leisure shares. Asian indexes are mostly down today with Hong Kong’s Heng Seng Index leading losses.

Commodity Market news​

Brent Crude Oil+0.06%
WTI Crude+0.18%

[URL deleted] Brent is edging higher ahead of data from the American Petroleum Institute later today. Prices closed lower Monday weighed by spiking in Covid-19 cases in Asia and Europe. US West Texas Intermediate WTI slid 1.5% but is higher currently. Brent fell 2% to $74.68 a barrel on Monday.

Gold Market News​


Gold prices are edging back currently . August gold rose 0.2% to $1780.70 an ounce on Monday scoring back-to-back gains.
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