Market Overview June 19

Following the release of official data showing US consumer prices rose 3.3% y/y in May, down from 3.4% in April, and core inflation rose 3.4%, slowing down from 3.6%, US stock indices rose on Wednesday.

Economic News
2024年6月19日

Following the release of official data showing US consumer prices rose 3.3% y/y in May, down from 3.4% in April, and core inflation rose 3.4%, slowing down from 3.6%, US stock indices rose on Wednesday.

The Federal Reserve is also expected to announce its policy decisions later today, with a widely anticipated decision to maintain interest rates unchanged.

Nonetheless, it is anticipated that the Fed will shortly announce the start of the next cycle of policy easing.

As of 17:13 GMT, the Dow Jones was up 0.2%, or 92 points, to 38,839 in trade. The S&P 500 was up 1.1%, or 60 points, to 5435, while the NASDAQ was up 1.8%, or 307 points, to 17,648.

Robert Thompson

Economic News

Market Overview June 12

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

Robert Thompson
2024年6月12日

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