June 27th Morning Report

Tuesday 27th June 2023

US markets closed lower on Monday, as investors were wary of making riskier bets after Russia's aborted weekend mutiny. Investors were uncertain about the implications about President Vladimir Putin's future. While Putin on Monday thanked mercenary fighters and commanders who had stood down to avoid bloodshed, the US State Department said the situation in Russia remains dynamic. The Dow Jones Industrial Average closed down 0.04%, while the S&P 500 and Nasdaq Composite were down 0.45% and 1.16% respectively.

Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.11%), the Dax 30 (-0.11%), CAC 40 (+0.29%) and the STOXX (+0.21%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-0.25%), HSI (-0.51%) and the Shanghai Composite (-1.48%).

The yield on the US 10 - year note was at 3.723%, while the 2 - year note was at 4.744%. Oil was up to $69.53 per barrel, up 0.53%. The gold price was at US$1932.90 per ounce, up 0.17%.

Morning Report 27 May 2023

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