June 15th Morning Report

Thursday 15th June 2023

US markets closed mixed on Wednesday after the Federal Reserve kept US interest rates unchanged but signaled in new economic projections that borrowing costs will likely rise by another half of a percentage point by the end of this year. The Dow Jones Industrial Average closed down 0.68%, while the S&P 500 and Nasdaq Composite were up 0.08% and 0.39% respectively.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.10%), the Dax 30 (+0.83%), CAC 40 (+0.52%) and the STOXX (+0.65%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+1.47%), HSI (-0.58%) and the Shanghai Composite (-0.14%).

The yield on the US 10 - year note was at 3.79%, while the 2 - year note was at 4.694%. Oil was up to $68.66 per barrel, down 1.09%. The gold price was at US$1954.10 per ounce, down 0.23%.

Morning Report 15 May 2023

Comments from our readers

No comments yet