U.S. shares Ending the lower waves session on Tuesday, while the dollar gathered as a risk of being muted by economic uncertainty and increasing the US -Corns. Third Main Stock Index U.S. Closed red, with the worst dow blue-chip. Economic sensitive transportation is performing poorly in a wider market.
Meanwhile, Greenback Safe-Haven has a better day than most asset classes, jumping 0.8% against a basket of world currency. The arrival of the speaker of the US Representative Council Nancy Pelosi in Taipei, despite a warning from Beijing, pushed the Chinese war aircraft to season the Taiwan Strait as a protest.
“There is an uncertainty about the pelSi journey to Taiwan and there is additional data, regarding economic softness,” said Sam STOVALL, Head of CFRA Research Investment Strategy in New York. “Regarding the recession, this is not the question ‘if’ but ‘when and how deep.'”
In the economic field, a report from the Department of Manpower showed that job vacancies in the United States fell 5.4% in June, a sign that the labor market subsided in the midst of sauce demand. Requests for softening for workers can be translated into inflation in cooling wages, and analysts expect Friday labor reports to show revenue growth per hour cooling 0.2 points on the percentage last month to 4.9%.
However, comments by Fed officials suggested that more interest rates would occur soon.”What happens in the market is push-and-interesting about where we are economically,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “This is the problem whether Fed continues to raise interest rates to fight inflation or pivot and stop raising interest rates when the economy weakens.”
Dow Jones Industrial Average fell 402.23 points, or 1.23%, to 32,396.17, S&P 500 lost 27.44 points, or 0.67%, to 4,091.19 and Nasdaq composite fell 20.22 points, or 0 , 16%, to 12,348.76.Weak economic data and increased tensions of Sino-As also attract European shares to a lower closure.
The Pan-European Stoxx 600 index lost 0.32% and the size of MSCI shares worldwide shed 0.93%.Market stocks developed lost 1.25%. The widest index of MSCI from Asia-Pacific shares outside Japan closed 1.26% lower, while Nikkei Japan lost 1.42%.
TREASURY RESULTS U.S. Up higher in the midst of unstable trade, Hawkish’s comments from The Fed helped investors see through the geopolitical turmoil of making beer over Taiwan Pelosi’s visit. Benchmark Note the last 10 years fell 43/32 in prices to produce 2.761%, from 2.605% end on Monday. The last 30 years bonds have dropped around 3/4 in prices to produce 3,0268%, from 2.925% late on Monday.
The price of raw advanced ahead of the OPEC+ meeting from the expected oil manufacturer this week, which can choose not to increase the supply of crude oil in the middle of the signs of demand. US crude oil rose 0.56% to settle at $ 94.42 per barrel, while Brent settled at $ 100.54 per barrel, up 0.51% on that day.
The dollar reverses a new loss to this basket of world currencies. The dollar index rose 0.79%, with euro down 0.93% to $ 1,0166. Yen Japan fell 1.12% versus greenback at 133.13 per dollar, while the last sterling was traded at $ 1,2166, down 0.67% on that day. Gold reversed the previous profit to take a four -day successive victory. Spot Gold fell 0.6% to $ 1,761.29 per ounce.