Euro experiences a rollercoaster session as the ECB unveiled its monetary policy plan *Tesla stock plunged on weak earning result.
Stocks
- The S&P 500 Index dropped from its record close and lost nearly 0.37% of its value as of 15:25 London time.
- The Stoxx Europe 600 Index failed to gain any strength despite a very dovish monetary policy be the ECB president. The index lost 0.88%.
- The UK FTSE 100 index was pushed lower by speculators who believe that Boris is likely to go ahead with No-Brexit plan. The index declined by 0.49%
Currencies
- The Dollar Spot Index failed to react the positive US core durable data. It fell 0.21%.
- The Euro jumped higher today as the ECB left the powder dry but a dovish actions is highly anticipated by the bank in September. The currency soared 0.30%
- The British pound fell 0.10 to 1.2488 and made a high of 1.2518.
- The Japanese yen moved lower by 0.32% to 108.48.
Bonds
- The Yield on 10-year Treasuries climbed four basis point to 2.09%.
- Britain’s 10-year yield rose three basis point to 0.68%.
Commodities
- West Texas Intermediate crude continued to build more gains today and made a high of 59.99. It rose 1.00% to $56.44 a barrel.
- Gold price experienced some choppy session today, the trading range was $18 approx. It lost 0.38% to 1417.
