Friday Overview

Sera Akinci  |  June / 4. Week
Today’s main changes affected commodity prices, in which gold prices rose by 0.78% to 1,259.15 at 13:08pm GMT. This is mainly due to a weakened US dollar and uncertainty over the speed of future rate hikes from the FED. US crude futures for August increased by 0.14% at $42.80 a barrel. Furthermore, silver futures for the month of July delivery advanced 0.84% to $16.643 a troy ounce, whilst copper futures for July rallied 1.23% to $2.631 a pound.

Indices:

- S&P 500 increased 0.02% to 2,432.25

- NASDAQ decreased 0.11% to 5,779.25

- DOW 30 decreased 0.06% to 21,397.29

- Nikkei 225 increased 11% to 20,132.67

- US dollar index decreased 0.15% to 97.11
 
Commodities:

- Gold increased 0.78% to 1,259.15

- Silver increased 1.35% to 16.732

- Copper increased 1.04% 2.626

- Crude oil increased 0.23% to 42.91

- Brent oil increased 0.27% to 45.40

- Natural Gas increased 0.86% 2.919

Forex:

- EURUSD increased 0.13% to 1.1166

- GBPUSD increased 0.35% 1.2727

- USDJPY decreased 0.08% to 111.24

- USDCAD decreased 0.02% to 1.3232

- BTCUSD increased 1.04% to 2,693.6

Bonds:

- US 10-years-yield increased 0.15% to 2.156

- US 30-years-yield increased 0.7% to 2.726

- US 2-years-yield increased 0.35% to 1.349

- Euro Bond 0.01% increased 165.10

What is happening next week?

- On Monday, Germany Ifo Business climate index rate will be announced. The index reflects the German business climate and measures expectations for the next 6 months. In other words, it’s a composite index based on a survey of manufacturers, builders, wholesalers and retailers.

- The USA will be announcing their Core Durable Goods Orders (MoM). It measures the change in the total value of new orders for long-lasting manufactured goods, excluding transportation items.

- On Tuesday, the USA will be announcing their CB Consumer confidence. It measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity.

- On Wednesday, USA will be announcing their Pending Home Sales Index

- USA will also announce their Crude Oil Inventories

- On Thursday, USA will be announcing their GDP

- China will be announcing their Manufacturing PMI

- On Friday, Germany will be announcing their Unemployment Change

- UK will be announcing their GDP

- Eurozone will be announcing their CPI; which measures the change in the price of goods and services from the perspective of the consumer
 
 

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