Here's what you must know on Thursday, June 25: Danger-off was the theme of the day. After Wall Avenue gave up late Tuesday,
Here’s what you must know on Thursday, June 25:
Danger-off was the theme of the day. After Wall Avenue gave up late Tuesday, international indexes closed within the pink this Wednesday. There was not a specific catalyst however mounting issues about rising coronavirus circumstances within the US. Florida is the brand new epicentre of the pandemic, however the circumstances additionally soar in Texas, Arizona, and different neighbour states.
The greenback appreciated towards all of its main rivals, included these thought of safe-havens. The USD/JPY pair recovered to 107.00 whereas gold value retreated from a contemporary multi-year excessive of 1,779.41 to settle round 1,765.
UK well being consultants have warned the federal government concerning the danger of a second wave of coronavirus contagions as PN Johnson continues to elevate restrictive measures. GBP/USD nears 1.2400.
Crude oil costs collapsed after the discharge of US stockpiles stories. API reported a rise of 1.75 million barrels whereas the EIA weekly report put up a 1.four million acquire, each properly above the market’s expectations.
Cryptocurrency Market Information: Ethereum slips under $232 whereas Bitcoin fights to stay above $9,300