The Sino-US tensions are still simmering
The benchmarks traded mostly higher driven by the #Federal #Reserve's decision to adopt a 2% inflation target and restore full employment. USA30 rose 0.57%, and USA500 added 0.17%. TECH100 dropped 0.34%.
Gold lost 1% and settled at $1,932.60 per ounce.
The Dollar Index jumped to 93.30.
Asia and Australia
The #stocks traded predominantly lower amid rising #tensions between the US and China. Yesterday, China fired four medium-range ballistic #missiles into the South China Sea as part of a military exercise. Also, yesterday, the US sanctioned 24 Chinese companies.
HongKong45 fell 0.88%.
Japan225 was down 0.44%.
Down under, Australia200 gained 0.46%.
USD/JPY climbed to 106.57.
EUR/GBP traded 0.2% lower at 0.8952.
EUR/USD added 0.1% at 1.1835.
Sources: marketwatch.com, investing.com
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