Financial Markets Daily Report
15 juny 2021

Investors traded with optimism as they awaited for clues from the Fed about the tapering of asset purchases.

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  • Investors traded with optimism as they awaited for clues from the Fed about the tapering of asset purchases.
  • The S&P 500 and Nasdaq finished at record highs and European equities advanced, ending at a record high for a seventh day. Energy shares led gains, while carmakers underperformed.
  • The US 10-year Treasury yield pulled back under 1.5% and euro area bond yields followed treasuries. The dollar was steady while most currencies were rangebound as markets positioned before the Fed decision.
  • Oil prices pared gains, after hitting their highest levels in more than two years, as growing US crude production and Britain's delayed COVID-19 reopening dampened expectations for fuel demand growth and tighter supplies.
  • Today, an EU-U.S. summit takes place in Brussels on Tuesday. Investors may also take their cue from a busy schedule of U.S. data, including retail sales and industrial production.
     
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