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Wednesday,09 June 2021 at 16:07
and European stocks closed loweras investors braced for the next reading of U.S. inflation due
The U.S. dollar was
slightly lower as traders looked to upcoming U.S. inflation
data and a European Central Bank (ECB) meeting for clues on policymakers’ views
on a rise in prices and the future of economic support measures.
Oil priced higher
on signs of strong fuel demand in Europe.
investors awaited U.S. inflation data and the European Central Bank meeting.
In corporate news, IAGand
rallied after the European Union approved vaccine passports. IAG gained despite
the Competition and Markets Authority saying that it will be investigating BA
as it may have broken consumer law by not offering refunds to customers who couldn’t
legally take flights during the pandemic.
At the close
FTSE 100 7,081 (-0.20%)
FTSE 250 22,758 (-0.60%)
DAX 15,581 (-0.38%)
Dow Jones 34,603 +0.01%
S&P 500 4,231 +0.11%
NASDAQ 13,954 +0.21%
UK 10-YR YIELD 0.736
Gold $1,891 (-0.03%)
Brent $72.06 (-0.01%)
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.