Gonet: market news on June 25

Dow +1,19%, S&P 500 +1,11%, Nasdaq +1,43%, Russell +1,34%, SOX +3,77%, Eurostoxx +1,44%, SMI +1,13%. Therefore,

While in the United Kingdom two cubs make the wall to offer an orgy of honey. Consequently, to Wall Street, more no plantigrade is in sight or almost, the bulls have firmly and calmly resumed narration control while the world looked elsewhere, the SOAP Opéra Trumpien (Trumpeesque? Moreover, Trumpitre?) In the Middle East in this case.

The service dreamers will conclude that the current good resistance of American actions is attributable to the cease-fire announced yesterday between Israel. However, Iran. In addition, The realists will object that the Fed remains and will remain the conductor of the large stock market concert. However. Meanwhile, in recent months, the market has not been too counting on it, its boss Jerome Powell repeating gonet: market news june 25 to the envy that the inflation to come caused by the prices of the Grand Blond forces the first bank in the world to refrain from reducing the rent of money in the United States. In addition, It turns out that Jay is expressed on this subject yesterday in front of elected officials from Congress. Furthermore, warmly welcomed as it should be distance by Donald Trump who posts: “I hope that the Congress will really work this very stupid and hard head”. Moreover, We are almost disappointed. Nevertheless, this is a little less virulent than usual, it must be said that the President of the United States probably exhausted his repertoire with regard to the Patrone of the Fed. In addition, But let’s go back to our bulls Sheep. Nevertheless, the boss of the Fed indicates yesterday that he focuses on his work by ignoring “political noise”, I love, he gonet: market news june 25 treats Trump with “noise”. Therefore, Powell adds that the Fed would probably have already lowered its rates. Similarly, probably twice, if it was not faced with risk of inflation linked to customs duties announced on April 2. Nevertheless, “If we look in the rear view mirror. examine the existing data, we can advance good arguments to bring us to a neutral level”.

But the Fed has chosen to wait because “all the professional forecasters I know still expect that customs prices. are growing inflation in the coming months”. The first banker in the world refuses to engage on a specific calendar but his words are enough to strengthen the expectations of the market according to which the month of September is the closest for a restart of the rate decreases. this morning the Fed Funds predict 84% of probabilities of a cup of 25 base points on September 17, then gonet: market news june 25 76% of a rebelote on December 10. And that. the market was no longer really expected, this is a real boost for actions, to follow of course, each upcoming report will now be of major importance for observers.

Wall Street is not asked to have a good day. let’s say that the apparent return to quiet in Iran allows you to start the rise in the rise and that the Fed will keep it on as long as it will remain accommodating. The S & P500 (SPX) index closes to less than 1% of its historic record. the NASDAQ100 (NDX) breaks its own to the bell, it only has to exceed its highest level in session, easy to recall because at 22,222 points. Tech mastodontes are again at Tesla -sided controls, which abandons 2.3%. the speakers hardly taste the announcement that its sales further retreats in Europe, by 28% in gonet: market news june 25 May while overall it starts on the old continent, the musk effect is still well felt. We massively buy shorts yesterday, the volumes of exchanges are rather stable, volatility is ratatal, the VIX loses 12% to 14.48. Petroleum is also caught in the carpet. the barrel of WTI Light Crude has now dropped by 13% in two sessions, it is playing this morning at 65.48 dollars. The dollar is also mistreated. Additionally, the EUR/USD pair is evolving this morning at 1,1606, it is great to consider why the greenback should bounce durably as it is.

On the bond market, we also listened to Jerome Powell, the yield of US 10 years fell this morning at 4.28%. it tests two supports at once, the lines move at the start of the summer, also on yellow metal, gold seems to melt to melt, the ounce deals with 3328 dollars, 112 dollars below gonet: market news june 25 its level of June 16, it is currently testing its 50-day average that is 3325 Dollars.

Let’s summarize: this momentarily seems to calm down on the geopolitical front. the FED wants to lower the rates but still awaits a little, the budget of the United States, a sort of internal atomic atomic bomb, is still not voted in the congress and the trade war has been put aside to allow the big blond to focus on Iran and other fires to be watered with oil, but do not ourselves. should not last. In short. Wall Street is in orbit while burning files concerning it in the first place are far from being settled, a new illustration of the beautiful connection between the happy kingdom of actions and real life, but let’s go …

According to the first Pentagon assessments. US air strikes have not destroyed the main Iranian nuclear components gonet: market news june 25 underground and have delayed the program for several months or even one year. The United Nations surveillance body has requested new sites from the sites. White House officials call this information as false and Donald Trump said that nuclear sites are “completely destroyed”.

Jeff Schmid de la Fed declares that a wait -and -see approach to monetary policy is appropriate. echoing the previous comments of Jerome Powell.

Not even afraid! The EU provides customs duties in retaliation if Trump establishes basic samples from the block, according to the Bloomberg agency.

On the macro-economic menu of the day. new car registrations in the European Union and sales of new housing in the United States.

Registration of new vehicles up 1.9% in May in Europe announces the ACEA. On the other hand, Tesla sales in Europe fell 27.9% in May over a year. Spain authorizes the acquisition of Banco gonet: market news june 25 de Sabadell by BBVA but imposes drastic conditions which complicate the finalization. Fedex drops 6% outside the session after its quarterly.

This morning and this morning in Asia this morning, the clues treat up. Tokyo gained 0.39%in the bell, Hong Kong increased by 1.34%, Shanghai rises by 1.03%. Seoul grapped 0.15% and the NIFTY50 takes 0.64%. The future SPX treats around balance. its alter ego of the NDX treats slightly increase, my little trader finger murmurs me that we are too close to the record in session of all time so as not to come and pay it, we can take out the t-shirts and organize an aperitif swimming pool for the occasion, do not spoil such an opportunity. Europe opens up 0.2%.