MARET WRAP: Stocks Moved Higher; Gold And Dollar dropped

Markets experienced lower trading volume due to the bank holiday in the US *Crude oil and gold dropped


  • The Stoxx Europe 600 Index remained higher as investors monitored optimistic about the upcoming Fed meeting, it recorded a gain of 0.14%.
  • The MSCI Emerging Market Index traded mostly positive but the volume was thin due to the bank holiday over in the US. It recorded gain of 0.13%.
  • The Dollar Spot Index continued its downward trend ahead of the US NFP data. The index dropped nearly 0.12%
  • The Euro moved higher but still below the level of 1.13. The currency soared nearly 0.04% in thin volume.
  •  The British pound is likely to see some serious move next week and bulls pushed the currency higher by 0.08% to $1.258.
  • The Japanese yen dropped 0.07% to 106.85 per dollar.
  • Germany’s 10-year yield dropped by one basis point to -0.30%.
  • Britain’s 10-year yield declined one basis point to 0.842%.
  • West Texas Intermediate crude dropped due to slower demand and feeble economic data. It dropped 0.84% to $56.86 a barrel.
  • Gold price was out of luck today, it dropped 0.22% to 1417.