Economic News June 13, 2024
13 thg 6, 2024
The Fed's monetary policy meeting has had a significant impact on the U.S. stock market.
U.S. stock markets showed mixed movements. The S&P 500 increased by 14.53 points, closing at 5375.32, while the Nasdaq 100 rose by 135.51 points, ending at 19210.18, reaching an all-time high. In contrast, the Dow Jones Industrial Average fell by 120.62 points, to 38747.42.
U.S. Treasury Bonds Situation
Yields on U.S. Treasury bonds decreased following the Fed's policy meeting. The 10-year Treasury yield fell to 4.25%, the lowest since April 1.
Dollar Index Situation
The Federal Reserve decided to keep the current base interest rate unchanged, and weaker-than-expected CPI data caused the USD exchange rate to drop. The Dollar Index fell to 104.7 from over 105 points in the previous session.
Gold Situation
Global gold prices increased slightly, with spot gold rising by 8.3 USD to 2,324.5 USD/ounce. Futures gold traded at 2,340.7 USD/ounce, up 6.9 USD from the early morning.
Commodity Markets Situation
Crude oil prices rose slightly due to increased forecasts for global oil demand by both the EIA and OPEC. OPEC maintained a strong global oil demand growth forecast for 2024. The EIA's forecast for U.S. crude oil production in 2024 was also raised, reaching an all-time high.
On the London Metal Exchange, silver prices fell due to pressure from the strong Dollar Index. On the Chicago Mercantile Exchange, crude oil prices saw a slight increase due to the forecasted rise in global oil demand, despite high U.S. crude oil inventories.
Related Posts
Giá nhôm tăng mạnh sau thông báo áp thuế. Sản lượng nhôm nội địa của Mỹ chỉ đáp ứng được khoảng 55-60% nhu cầu.
Điểm tin Kinh tế 11.02.2025: Thị trường kim loại chao đảo trước đòn thuế mới của Trump
11 tháng 2, 2025
Giá đồng tăng sau khi Trung Quốc kết thúc kỳ nghỉ lễ dài ngày
Điểm tin Kinh tế 10.02.2025: Giá đồng có mức tăng theo tuần lớn nhất kể từ tháng 9
10 tháng 2, 2025
Related Post
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
