{"id":172045,"date":"2020-06-12T07:45:53","date_gmt":"2020-06-12T11:45:53","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=172045"},"modified":"2020-06-12T07:29:52","modified_gmt":"2020-06-12T11:29:52","slug":"markets-mixed-after-thursday-selloff","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/markets-mixed-after-thursday-selloff\/","title":{"rendered":"Markets mixed after Thursday selloff"},"content":{"rendered":"
June 12, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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Top daily news<\/h2>\n
Global stocks are mixed <\/b> today after a sell off on Thursday as markets were spooked by Fed chair Powell\u2019s warning US faces ‘long road’ to recovery. Positive data like rising producer prices and another decline in initial jobless claims weren\u2019t sufficient to offset the damage to investor confidence caused by Fed\u2019s dour outlook on recovery.<\/div>\n<\/div>\n<\/div>\n
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Forex news<\/h2>\n
\n
\n\n\n\n\n\n\n
Currency Pair<\/td>\nChange<\/td>\n<\/tr>\n
EUR USD<\/td>\n-0.1%<\/td>\n<\/tr>\n
USD JPY<\/td>\n+0.33%<\/td>\n<\/tr>\n
USD CHF<\/td>\n-0.01%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
The Dollar strengthening halted today <\/b> ahead of University of Michigan consumer sentiment report. 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 0.7% Thursday after reports initial jobless claims rose below-expected 1.54 million last week while producer prices recorded first increase in four months in May. Both GBP\/USD<\/a> and EUR\/USD <\/a> reversed their climbing yesterday but both are higher currently. AUD\/USD <\/em> joined USD\/JPY\u2019s<\/em> continued sliding yesterday with both pairs higher currently.<\/div>\n<\/div>\n<\/div>\n
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Stock Market news<\/h2>\n
\n
\n\n\n\n\n\n\n\n
Indices<\/td>\nChange<\/td>\n<\/tr>\n
Dow Jones Index<\/td>\n+0.85%<\/td>\n<\/tr>\n
Nikkei Index<\/td>\n-1.63%<\/td>\n<\/tr>\n
GB 100 Index<\/td>\n+1.42%<\/td>\n<\/tr>\n
Australian Stock Index<\/td>\n+0.92%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Futures on three main US stock indexes are retracing higher <\/b> currently after a plunge Thursday led by energy shares. The three main US stock indexes recorded losses ranging from 5.3% to 6.9%. European stock indexes are rebounding <\/em> today after ending sharply lower Thursday led by auto stocks. Asian indexes are mostly lower today led by Australia\u2019s All Ordinaries ASX 200 Index<\/em>.<\/div>\n<\/div>\n<\/div>\n
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Commodity Market news<\/h2>\n
\n
\n\n\n\n\n\n
Commodities<\/td>\nChange<\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n-0.11%<\/td>\n<\/tr>\n
WTI Crude<\/td>\n-1.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Brent <\/a> is extending losses today. Oil prices sank yesterday after Energy Information Administration report Wednesday that US crude inventories rose by 5.7 million barrels. The US oil benchmark West Texas Intermediate (WTI) <\/em> futures ended solidly lower yesterday: July WTI <\/em> tumbled 8.2% and is lower currently. August Brent <\/em> crude closed 7.6% lower at $38.55 a barrel on Thursday.<\/div>\n<\/div>\n<\/div>\n
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Gold Market News<\/h2>\n
\n
\n\n\n\n\n
Metals<\/td>\nChange<\/td>\n<\/tr>\n
Gold<\/td>\n-0.38%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Gold prices are edging lower today <\/b>. August rose 1.1% to $1739.80 an ounce on Thursday.<\/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 stocks are mixed today after a sell off on Thursday as markets were spooked by Fed chair Powell\u2019s warning US faces ‘long road’ to recovery. Positive data like rising producer prices and another decline in initial jobless claims weren\u2019t sufficient to offset the damage to investor confidence caused by […]<\/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-172045","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172045","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=172045"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172045\/revisions"}],"predecessor-version":[{"id":172056,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172045\/revisions\/172056"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=172045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=172045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=172045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}