π Market Snapshot β Thu 18 Jun
| Market | Key Levels | Day Change | Outlook |
| πΊπΈ Wall Street | S&P 7,501, Nasdaq 26,518 | +1.04% | π’ Bullish |
| π Asia Pacific | Nikkei 71,053, HSI 23,776 | -0.35% | π‘ Cautiously Bearish |
| πͺπΊ European Markets | DAX 18,409, FTSE 10,400 | -0.11% | π‘ Cautiously Bearish |
| π΅ US Dollar | vs majors avg +0.71% | +0.71% | π’ Dollar Strength |
| πͺ Gold | $4,227.90/oz | -0.42% | π‘ Cautiously Profit-Taking |
| π’οΈ Crude Oil | $75.52/bbl | -0.44% | π‘ Cautiously Demand Concerns |
| βΏ Bitcoin | $62,834 | -2.51% | π΄ Risk-Off |
| π US 10Y Treasury | 4.45% yield | -0.27% | π‘ Yields Falling |
πΊπΈ Daily Market Recap β U.S. Markets
On Thursday, June 18, Wall Street saw a mixed performance among its major indices. The Nasdaq led the gains with a 1.91% increase, closing at 26,517.932, while the S&P 500 rose by 1.08% to settle at 7,500.58. The Dow Jones Industrial Average posted a modest gain of 0.14%, ending the session at 51,564.7. The broader market’s upward momentum was bolstered by notable gains in the technology sector, with Butterfly Network (BFLY) surging by 55.87%, reflecting strong investor interest in tech stocks.
The Federal Reserve’s decision to maintain the federal funds rate at 3.75% did not significantly alter market sentiment, as it aligned with expectations. However, the release of updated U.S. interest rate projections, which indicated an increase to 3.8% for the current reporting period, may have contributed to some volatility. The VIX, a measure of market volatility, rose by 6.40% to 17.46, suggesting a heightened level of uncertainty among investors. Meanwhile, the 10-year Treasury yield fell by 0.27% to 4.4509997, reflecting a cautious approach to fixed-income investments.
Looking ahead, market participants will be closely monitoring upcoming economic data releases and central bank decisions for further cues on the economic outlook. With the Federal Reserve’s projections indicating a potential tightening of monetary policy, investors may remain vigilant for any signals that could impact future interest rate trajectories. As the market navigates these developments, the focus will likely remain on how these factors influence risk appetite and asset allocation strategies.
π Wall Street Movers
Top two gainers in the last trading session include Butterfly Network, Inc. (BFLY), surged 55.87% to while Wolfspeed, Inc. (WOLF), surged 17.91% to .
Losers include Regencell Bioscience Holdings L (RGC), erasing 18.96% to and Accenture plc (ACN), erasing 17.97% to .
Elsewhere, most active counters were SPCX, INTC, NVDA.
π Asia & Europe
Asian markets broadly experienced mixed results on Thursday, with the Nikkei 225 in Japan advancing by 1.65% to close at 71,053.49, reflecting a positive sentiment in the region. In contrast, the Hang Seng Index in Hong Kong fell significantly by 2.21% to 23,775.62, indicating a divergence in performance across the Asia-Pacific session. The Jakarta Composite Index also saw a decline, dropping by 1.06% to 6,154.924. The lack of major regional economic events suggests these movements were driven by local factors rather than broader economic announcements.
Major European exchanges displayed a varied performance, with the FTSE 100 in the UK declining by 1.04% to 10,399.7, while the CAC 40 in France edged up by 0.25% to 8,451.79. The Euro Stoxx 50 also saw a modest increase of 0.28% to 6,317.59. Notable movers included the DAX in Germany, which rose by 0.22% to 24,989.5, and the TecDAX, which gained 0.15% to 3,954.3. The Swiss National Bank’s decision to maintain its policy rate at zero did not appear to significantly impact market movements, suggesting that other factors were at play in the day’s trading activity.
π΅ Forex Markets
| Performance after Thu 18 Jun | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| πͺπΊ πΊπΈ EURUSD | -0.37% | -0.97% | -1.74% | 1.14560 | βΌ |
| π¬π§ πΊπΈ GBPUSD | -0.67% | -1.52% | -1.91% | 1.32020 | βΌ |
| πΊπΈ π―π΅ USDJPY | +0.46% | +0.26% | +0.86% | 161.37000 | β² |
| πΊπΈ π¨π¦ USDCAD | +0.76% | +0.79% | +2.21% | 1.41000 | β² |
| π¦πΊ πΊπΈ AUDUSD | +0.00% | -0.41% | -2.35% | 0.70140 | βΌ |
| π³πΏ πΊπΈ NZDUSD | -1.10% | -1.15% | -3.71% | 0.57660 | βΌ |
| πΊπΈ π¨π USDCHF | +0.84% | +0.95% | +3.01% | 0.79960 | β² |
π Other Markets
πͺ Gold is down by 0.42% (18.00 USD an ounce) to 4,227.90 USD an ounce as on Thu. Previous day close was 4,245.90.
πͺ¨ Silver is down by 0.82% (0.54 USD an ounce) to 65.78 USD an ounce as on Thu. Previous day close was 66.32.
π’οΈ Crude Oil is down by 0.44% (0.33 USD per barrel) to 75.52 USD per barrel as on Thu. Previous day close was 75.85.
βΏ Bitcoin is down by 2.51% (1616.63 USD) to 62,833.81 USD as on Thu. Previous day close was 64,450.44.
