Sharemont

Sharemont

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Sharemont
Sharemont
June 20, 2025 at 06:41 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 – Friday, 20 June 2025 Asia: Asian markets edged up as initial fears of a U.S. strike on Iran subsided, easing safe‑haven demand. Japan’s Nikkei 225 rose 0.3%, helped by weaker oil. Hong Kong’s Hang Seng and South Korea’s Kospi both gained ~1%, buoyed by stimulus plans from South Korean President Lee Jae Myung. China’s stock markets also saw modest gains, while official lending rates remained unchanged. U.S.: U.S. markets were closed on Thursday in observance of Juneteenth, leaving limited direct sentiment contribution. Futures showed a mild dip reflecting global risk-off. Oil: Brent crude prices pulled back 2.1% to $77.23/barrel, retreating from mid-week highs on easing attack fears. Forex: The U.S. dollar saw a weekly rise while stabilizing on Friday. EUR/USD weakened slightly after earlier gains, hovering around 1.150. JPY strengthened mildly amid reduced Middle East tensions. Gold: Gold prices fell 0.5% to $3,355.49/oz, marking a 2.2% drop for the week, as a firm dollar and the Fed’s cautious but steady stance weighed on safe‑haven flows.

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