{"id":170389,"date":"2020-05-12T07:29:40","date_gmt":"2020-05-12T11:29:40","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170389"},"modified":"2020-05-12T07:29:40","modified_gmt":"2020-05-12T11:29:40","slug":"markets-lower-after-mixed-session-as-lockdown-easing-continues","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/markets-lower-after-mixed-session-as-lockdown-easing-continues\/","title":{"rendered":"Markets lower after mixed session as lockdown easing continues"},"content":{"rendered":"
May 12, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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Top daily news<\/h2>\n
Global equities are mixed today as worries about a second wave of coronavirus cases overshadow hopes over reopening economies around the globe. Continued slide in crude oil prices also points to weakness in global demand weighing on investors\u2019 appetite as more companies report quarterly results while providing no guidance on future earnings.<\/div>\n<\/div>\n<\/div>\n
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Forex news<\/h2>\n
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\n\n\n\n\n\n\n\n
Currency Pair<\/td>\nChange<\/td>\n<\/tr>\n
EUR USD<\/td>\n+0.14%<\/td>\n<\/tr>\n
GBP USD<\/td>\n-0.84%<\/td>\n<\/tr>\n
USD JPY<\/td>\n+0.32%<\/td>\n<\/tr>\n
AUD USD<\/td>\n+0.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
The Dollar <\/b> strengthening has stalled today ahead of the start of purchasing of corporate bond exchange-traded funds by the Federal Reserve’s new lending program today. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, jumped 0.5% Monday. Both EUR\/USD <\/a> and GBP\/USD<\/a> reversed climbing Monday as Italy reported its industrial production fell 28.4% in March after 1% decline in prior month, when a 20% drop was expected. Euro is higher currently against the dollar while Pound lower still. USD\/JPY<\/em> joined AUD\/USD\u2019s<\/em> continuing slide today.<\/div>\n<\/div>\n<\/div>\n
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Stock Market news<\/h2>\n
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\n\n\n\n\n\n\n
Indices<\/td>\nChange<\/td>\n<\/tr>\n
Dow Jones Index<\/td>\n-0.44%<\/td>\n<\/tr>\n
Nikkei Index<\/td>\n+1.94%<\/td>\n<\/tr>\n
Australian Stock Index<\/td>\n-0.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Futures on three main US stock indexes<\/b> are edging lower currently after ending mixed Monday despite reports auto factories in Michigan reopened amid concerns new wave of cases may emerge as a growing number of states are easing lockdown restrictions. 3M, Hershey and Toyota Motor are among companies reporting quarterly results today. Stock indexes in US ended mixed on Monday: the three main US stock indexes posted returns ranging from -0.4% to +0.8% led by technology shares. Quarterly results so far point to about 13.6% fall from a year ago in aggregate earnings, the worst performance since the third quarter of 2009, according to FactSet.European stock indexes <\/em> are falling mostly currently after extending losses Monday with Italy\u2019s bigger than expected drop in industrial output in March highlighting the hefty toll of lockdown measures on euro-zone economy. Asian indexes are mostly lower today as China reported its producer price index fell 3.1% over year in April, compared with a 1.5% fall in March. Hong Kong\u2019s Hang Seng Index<\/em> is down 1.8%.<\/div>\n<\/div>\n<\/div>\n
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Commodity Market news<\/h2>\n
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\n\n\n\n\n\n
Commodities<\/td>\nChange<\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n-0.63%<\/td>\n<\/tr>\n
WTI Crude<\/td>\n+0.68%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Brent <\/a> is extending losses today. Oil prices declined on Monday despite news Saudi Arabia\u2019s energy ministry directed Saudi Aramco to reduce its crude oil production by an extra voluntary 1 million barrels per day beginning in June. Kuwait and United Arab Emirates also reported voluntary cuts to their crude output by 80,000 and 100,00 barrels per day respectively in June. Organization of the Petroleum Exporting Countries and other major producers have commenced cuts equating to 9.7 million a barrel a day, about 13% of global production, on May 1 through June. The US oil benchmark West Texas Intermediate (WTI) <\/em> futures fell Monday: June WTI <\/em> lost 2.4% but is rising currently. July Brent <\/em> crude dropped 4.3% to $29.63 a barrel.<\/div>\n<\/div>\n<\/div>\n
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Gold Market News<\/h2>\n
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Metals<\/td>\nChange<\/td>\n<\/tr>\n
Silver<\/td>\n+0.42%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Gold <\/b> prices are edging higher today. June gold lost 0.9% to $1698 an ounce on Monday.<\/div>\n<\/div>\n<\/div>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Top daily news Global equities are mixed today as worries about a second wave of coronavirus cases overshadow hopes over reopening economies around the globe. Continued slide in crude oil prices also points to weakness in global demand weighing on investors\u2019 appetite as more companies report quarterly results while providing no guidance on […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170389","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170389"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170389\/revisions"}],"predecessor-version":[{"id":170393,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170389\/revisions\/170393"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}