Forex
EURUSD: Little changed from its session opening point, the euro wastrading at a slight drop around 1.193 or -0.05% this Wednesday, afterto reach up to 1.197.
DXY: The dollar was just above 91.7 or +0.03% after falling to near 91.5,also returning to near its opening point.
Commodities
Gold: Little changed, gold was up slightly more than 0.15%, beingtraded around USD 1780 an ounce.
Indexes
Wall Street: After the Nasdaq closed at a record high in the previous session, theNorth American indices were little changed today, with the S&P 500 also closeof its record high. Yesterday, Powell reiterated that price pressures areand said the Fed will not raise borrowing costs anytime soon.
Europe: In Europe, the indices closed down after the speech with more tonePowell’s dovish the day before, who voted for interest rates to remainunchanged and stating that the central bank will maintain its stance of support for the economy. OIHS Markit PMI for the Eurozone rose to 59.2 in June from 57.1 in May, itshighest level since June 2006 and well above the expectations of most of theeconomists. However, the survey also showed that prices charged for goodsand services have increased at an unprecedented rate amid serious problems in thesupply chain. The DAX 30 collapsed about 1% and other important indexesbetween -0.1 and 0.8%.
Source:https://wintrademarkets.com/
