Daily Financial Markets Report | Wednesday, 03 June 2015

sacciDaily Financial Markets Report sources information from Business Day, Reuters, JSE Ltd and others.

Highlights

 U.S. stocks ended Tuesday slightly lower, as earlier gains faded by the end of the trading session. Investors remained cautious ahead of the important jobs report on Friday and a looming deadline for Greece and its lenders to find a solution to the debt crisis. European stock markets seesawed between gains and losses on Monday, as investors closely monitored Greece’s bailout negotiations and assessed rumours that a deal with international lenders is close. Hong Kong stocks enjoyed robust gains Wednesday morning after data showing an improvement in the Chinese services sector, with the Hang Seng Index HSI, +0.95% up 1% after a 0.5% drop the previous day.

 The US dollar is currently trading at 1.12 to the euro 1.54 to the pound and will buy 123.85 Japanese Yen or 12.19 South African Rand.

 Spot gold is currently trading at US$ 1 191.90/oz. and platinum at US$ 1 113.50/oz. Brent crude oil is currently trading at US$ 64.95 per barrel.

International markets

U.S. stocks ended Tuesday slightly lower, as earlier gains faded by the end of the trading session. Investors remained cautious ahead of the important jobs report on Friday and a looming deadline for Greece and its lenders to find a solution to the debt crisis. European stock markets seesawed between gains and losses on Monday, as investors closely monitored Greece’s bailout negotiations and assessed rumours that a deal with international lenders is close. Hong Kong stocks enjoyed robust gains Wednesday morning after data showing an improvement in the Chinese services sector, with the Hang Seng Index HSI, +0.95% up 1% after a 0.5% drop the previous day.

The S&P 500 closed 2.13 points, or 0.1%, lower at 2 109.60. The Dow Jones Industrial Average lost 28.43 points, or 0.2%, to 18 011.94. The Nasdaq Composite ended the session down 6.40 points, or 0.1%, at 5 076.52.

The Stoxx Europe 600 index ended 0.2% higher at 400.57. The Germany’s DAX 30 index rose 0.2% to 11 436.05. The France’s CAC 40 index climbed 0.4% to 5 025.30.and the FTSE 100 index was 0.4% lower to 6 953.58.

The Hang Seng Index was up 0.6% and the Shanghai Composite Index was down 1%.

The US dollar is currently trading at 1.12 to the euro 1.54 to the pound and will buy 123.85 Japanese Yen or 12.19 South African Rand.

Domestic markets

The All-share index was already 1.41% lower at 51 478 and the Top 40-index had lost 1.02% to 45 708 points.

Commodities

Spot gold is currently trading at US$ 1 191.90/oz. and platinum at US$ 1 113.50/oz. Brent crude oil is currently trading at US$ 64.95 per barrel.

sacci

Share Button