The Sino-US tensions are still simmering
The US
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%.
Oil added
0.1% to $43.42 per barrel, while Brent rose 0.3% to $46.29.
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.
Europe
Losses were minor ahead of the
Fed meeting, mostly driven by Rolls-Royce and Holdings. Germany30 lost 0.71%. France40 and UK100 dropped by 0.2%.
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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