Daily Market Snapshot: Forex, Stocks, Indexes, Bonds, Key Commodities, ETF – 18 June 2024

US Stocks pushed higher in trading yesterday, with the S&P notching up its 30th record high of the year despite a move back up in treasury yields as investors prepared from fresh updates from Fed officials and a raft of economic data updates in the coming days. The dollar retreated slightly from recent highs but Oil powered higher on fresh optimism that demand will increase into the second half of the year.

This week’s round of central bank rate calls kicks off today with the Reserve Bank of Australia due to deliver its latest update during the Asians session with the market firmly expecting no change to the current 4.35% rate. Traders are, however, expecting to see volatility around the event as once again indicators of a slowing economy compete with sticky inflation conditions.

MarketChangeClose
Dow+0.49%38,778
S&P+0.77%5,473
Nasdaq+0.95%17,857
USD-0.2%105.35
US Treasury – 2 Year+8.3 bps4.767%
US Treasury – 10 Year+6.2 bps4.275%
Oil – Brent+2.0%$84.25
Oil – WTI+2.4%$80.33
Gold-0.7%$2,317

Today’s Events:

Asian Session

  • 30 pm – Reserve Bank of Australia Rate Decision and Statement
  • 30 pm – Reserve Bank of Australia Press Conference

US Session

  • 30 pm – US Retail Sales Data
  • 15 pm – US Industrial Production Data
  • 00 am – FOMC Member Barkin Speaks
  • 00 am – FOMC Member Kugler Speaks
Recent News
Start Trading Now!

Try our demo account for free to learn trading. When you’re ready, switch to the live account and start trading for real.

Popular posts
ATFX

Account Registration Unavailable

Please note that you may be accessing this page from outside South Africa. For retail and professional inquiries regarding AT Global Markets SA (Pty) Ltd, kindly reach out to us at [email protected]

As you are accessing this site from outside South Africa, please visit https://www.atfx.com/en/ to continue.

ATFX

Important Notice

ATFX is not authorized by the Brazilian Securities Commission (CVM) to offer brokerage or distribution services for securities issued abroad to investors residing in the Federative Republic of Brazil. At present, ATFX does not actively operate or offer brokerage services in Brazil. By accessing this website, investors declare that they are aware of the applicable legal restrictions and agree that they are operating outside the jurisdiction of the CVM. Investments abroad are not covered by the protection mechanisms existing in Brazil, such as the MRP and the FGC. To enable future regularized operations, ATFX has entered into a contract for the provision of intermediation services abroad with the Brazilian brokerage firm Levycam CCTVM (CNPJ No. 50.579.044/0001-96), as provided for in CVM Guidance Opinion No. 33/2005. However, activities related to local intermediation are still in the pre-operational phase (technological and regulatory integration process). If you have any questions about the regulation of your trading accounts, please contact us.

ATFX

🌍 Welcome to ATFX!

To provide you with the best trading experience in Iraq, please visit our localized website:

There, you’ll find all products, services, and contact information tailored specifically for you. Thank you for choosing ATFX!

ATFX

Restrictions on Use

Products and Services on this website are not suitable for the UK residents. Such information and materials should not be regarded as or constitute a distribution, an offer, or a solicitation to buy or sell any investments. Please visit https://www.atfx.com/en/ to proceed.

ATFX

Restrictions on Use

Products and Services on this website are not available for Hong Kong investors and not related to any corporation licensed by the Securities and Futures Commission in Hong Kong.

All the information and materials posted on this website should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments.

使用限制:本網站的產品及服務不適用於香港投資者及與任何香港證監會持牌公司無關。

網站內部的信息和素材不應被視為分銷,要約,買入或賣出任何投資產品。