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Friday,10 June 2022 at 07:17
& European stocks fell slightly as investors digest the European Central Bank’s latest policy
meeting and look ahead to a key U.S. inflation print.
Shares in Asia-Pacific
were mixed as Chinese inflation data for May came in largely in
line with expectations.
Gold edged down
and was set for a weekly fall, as Treasury yields rose, with investors awaiting
key monthly U.S. inflation data for cues on the future of the Federal Reserve’s
Oil prices fell
but still hovered near three-month highs, with fears over new Covid-19 lockdown
measures in Shanghai outweighing solid demand for fuels in the world’s top
consumer United States.
In corporate news,GlaxoSmithKline said its vaccine for respiratory virus had
shown “statistically significant and clinically meaningful efficacy in adults
aged 60 years and above in a phase 3 trial.
The company said the primary endpoint of the trial was “exceeded with no
unexpected safety concerns observed” and would now start talks with regulators
to start immediately with anticipated regulatory submissions in the second half
of the year.
FTSE 100 7,422 (-0.74%)
FTSE 250 19,962 (-0.55%)
DAX 14,198 (-1.71%)
Dow Jones Dow Jones 32,272 (-1.94%)
S&P 500 4,017 (-2.38%)
NASDAQ 11,754 (2.75%)
UK 10-YR YIELD 2.312
Gold $1,845 (-0.16%)
Brent $122.33 (-0.41%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.