Markets mostly down ahead of the Federal Reserve’s meeting - Tuesday Review, April 27

Markets mostly down ahead of the Federal Reserve’s meeting - Tuesday Review, April 27

Investors exercised caution ahead of FED’s meeting, big tech earnings

The U.S.

Wall Street traded largely flat ahead of the two-day FED meeting due to start Wednesday. USA30 added 0.01%, while USA500 fell 0.02%. TECH100 traded 0.34% lower.

Crude oil rose 2.12% to $63.22 a barrel.

Gold was down 0.28% to $1,775.15 per ounce.

The Dollar Index was up 0.12% at 90.890.

Asia and Australia

Japan225 traded 0.4% lower, as new COVID-19 infections remained a worry in the region even though the Bank of Japan announced that it would keep the monetary policy unchanged.

HongKong45 inched down 0.09%.

Down under, Australia200 fell 0.50%.

USD/JPY rose 0.63% to 108.77.

Europe

Stock market traded mostly unchanged, with investors focusing on earnings from companies like HSBC and BP, ahead of the start of the Federal Reserve’s two-day meeting.

Germany30 and France40 were flat. UK100 climbed 0.1%.

Brent oil traded 1.72% higher at $66.15 a barrel.

EUR/USD traded at 1.2087 after it gained 0.03%.

Sources: reuters.com, investing.com

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