Investors awaited key economic data - Monday Review, June 7

Investors awaited key economic data - Monday Review, June 7

Some stocks pared gains on caution regarding inflation and economic data

The US

Wall Street closed mixedly as investors stand by on news of a minimum global tax rate, inflation, and a lack of market-moving economic news. USA30 fell 0.36%, while USA500 lost 0.08%. TECH100 went up 0.49%.

Crude oil fell 0.33%, hitting $69.39 a barrel.

Gold was up 0.27% to $1,897.05 per troy ounce.

The Dollar Index was down 0.22% at 89.938.

Asia and Australia

Stocks were mostly down, with investors focusing on the US employment report released at the end of the previous week. HongKong45 was down 0.72%.

Japan225 was up 0.28%.

Down under, Australia200 lost 0.04%.

Europe

Markets closed predominantly higher, despite fears over rising inflation. Germany30 fell 0.10%. France40 rose 0.43%, hitting a new 5-year high. Europe50 ended up about 0.2%.

Brent oil traded 0.33% at $71.65 a barrel.

EUR/USD was up 0.25% to 1.2196.

Sources: investing.com, reuters.com

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