Sharemont

Sharemont

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Sharemont
Sharemont
June 19, 2025 at 05:58 AM
*Good Morning ☕ Market News Update* Dive into the heart of the financial world with our latest Market News Update. Stay informed and one step ahead! Happy Trading! 📊 Market Update – Wednesday, 19 June 2025 Asia: Asian markets slipped as investors reacted to the Federal Reserve’s cautious tone and ongoing tensions in the Middle East. Japan’s Nikkei 225 dropped 0.8% to 38,080.46 as exporters weighed on the index. Hong Kong’s Hang Seng Index fell 0.9% to 23,480.11, while China’s Shanghai Composite declined 0.3% to 3,371.20. Taiwan’s TAIEX lost 0.9%, led by weakness in semiconductor stocks. U.S.: On Tuesday, U.S. markets ended nearly flat after the Federal Reserve kept interest rates unchanged at 4.25%–4.50% and signaled only one potential rate cut in 2025. The Dow Jones Industrial Average was unchanged at 42,865.83, the S&P 500 dipped 0.1% to 6,022.24, and the Nasdaq Composite slipped 0.3% to 19,615.88. Powell warned that tariffs could keep inflation elevated and delay the path to rate cuts. Oil: Brent crude oil prices dipped slightly by 0.2% to $76.32 per barrel, after briefly spiking on concerns of further escalation in the Israel-Iran conflict. Forex: The euro weakened against the U.S. dollar, with the EUR/USD pair trading at 1.1501, down from 1.1525 the previous day. Gold: Gold prices rose slightly, with spot gold trading at $3,378.00 per ounce, up from $3,372.16 the previous day, as investors continued moving into safe-haven assets amid geopolitical uncertainty.

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