ATFX ► Market Analysis ► Market Snapshot ► Daily Market Snapshot: Forex, Stocks, Indexes, Bonds, Key Commodities, ETF – 17 June 2024

Daily Market Snapshot: Forex, Stocks, Indexes, Bonds, Key Commodities, ETF – 17 June 2024

US markets had a mixed end to the week on Friday as investors continued to digest the latest data updates that came on top of the earlier weaker CPI print and a resilient Fed. The Nasdaq squeezed higher to record a fifth straight record high on the bounce, but most markets closed out the week close to flat from the day before.

Markets will likely have a muted start to the trading week today after last week’s close, however investors are expecting today to be the anomaly rather than the norm as the event calendar picks up swiftly as we progress through the week with key interest rate decisions due as well as a raft of tier 1 data releases scheduled.

Market	Change	Close
Dow	-0.15%	38,589
S&P	-0.04%	5,431
Nasdaq	+0.12%	17,688
USD	+0.3%	105.55
US Treasury – 2 Year	+0.4 bps	4.692%
US Treasury – 10 Year	-2.3 bps	4.217%
Oil – Brent	-0.16%	$82.62
Oil – WTI	-0.22%	$78.45
Gold	+1.3%	$2,332

Today’s Events:

Asian Session

12.00pm – China – Industrial Production Data
12.00pm – China – Retail Sales Data

US Session

US – Empire State Manufacturing Index Data

Last Updated: June 17, 2024

This market commentary and analysis has been prepared for ATFX by a third party for general information purposes only. Any view expressed does not constitute a personal recommendation or solicitation to buy or sell as it does not take into account your personal circumstances or objectives, and should therefore not be interpreted as financial, investment or other advice, or relied upon as such. You should therefore seek independent advice before making any investment decisions. This information has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. We aim to establish and maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. The market data is derived from independent sources believed to be reliable, however we make no representation or warranty of its accuracy or completeness, and accept no responsibility for any consequence of its use by recipients. Reproduction of this information, in whole or in part, is not permitted.