Forex
EURUSD : After a lot of volatility in the highly anticipated news periodsthis Thursday, the euro again stayed close to its opening point,holding in the region of 1.217. The ECB maintained, as expected, its policyaccommodative monetary policy and revised the bloc’s economic growth upwards andinflation for 2021 and 2022.
DXY : Also little changed during the general session, the dollar remains slightlyabove the region of 90. Although the Fed reiterates that inflationary pressures aretransitional and can be tolerated for some time, investors are stillworried that, if it persists, it could force the central bank to reduce itsbond purchases earlier
Commodities
Gold : Recovering from recent losses, gold was trading higher,near the region of USD 1885 an ounce, after US inflation data inMay jumped near 13-year highs, far above the Fed’s target
Indexes
Wall Street : In an attempt to ignore rising inflation, US indiceswere up today, with the Dow Jones soaring over 250 points and the S&P 500reaching record maximum. The Nasdaq was also up about 1%.
Europe : In Europe, the indices closed the session near their opening points,with the DAX30 and the London FTSE about 0.1% higher, while the Paris stock exchanges,Milan and Madrid closed in a slight fall. In the corporate part, Volkswagen was underpressure after reporting that he expects a decrease in semiconductor shortagesfor the third semester, but that the supply should remain low in the long term
Source:https://wintrademarkets.com/
