Market Overview June 12

US stock indexes dropped on Tuesday as investors awaited crucial data and the Federal Reserve's policy meeting.

Economic News
2024年6月12日

US stock indexes dropped on Tuesday as investors awaited crucial data and the Federal Reserve's policy meeting.

The Federal Reserve will begin its two-day policy meeting later today, and it is anticipated that interest rates will remain steady. Following that, Fed Chair Jerome Powell is scheduled to give a press conference where he may reveal details about future US policy.

Later this week, investors will also be awaiting important US inflation data.

As of 17:22 GMT, the Dow Jones had down 289 points, or 0.7%, to 38,579, while the S&P 500 had dropped 0.3%, or 17 points, to 5343, and the NASDAQ had stabilized at 17,192.

Robert Thompson

Economic News

Market Overview June 5

As the European Central Bank (ECB) started its policy meeting on Wednesday, the euro strengthened versus a basket of major currencies, continuing its upward trend against the dollar and getting close to three-month highs.

Robert Thompson
2024年6月05日

Economic News

Market Overview May 29

The dollar dropped versus a group of significant competitors in European trade on Thursday, continuing its decline and plunging to two-week lows as risk appetite increased and demand decreased.

Robert Thompson
2024年5月29日

Economic News

Market Overview May 22

Ahead of crucial European inflation data this week, the euro strengthened in European trade on Monday against a basket of key competitors, resuming advances against the dollar and nearly reaching two-week highs.

Robert Thompson
2024年5月22日