Investors' risk appetite declined: market news

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Investors' risk appetite declined: market news

June 14, 2018 - 12:56
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On Thursday investor’s appetite to risky assets was reduced since they faced prospects of faster rate hikes on behalf of US Fed and not very optimistic data from China. Uncertainty over ECB meeting also puts some pressure on the market. Most of world indexes went down today.

Photo © Gerd Altman, CC0 1.0

On Thursday investor’s appetite to risky assets was reduced since they faced prospects of faster rate hikes on behalf of US Fed and not very optimistic data from China. Uncertainty over ECB meeting also puts some pressure on the market.

Most of world indexes went down today. Stoxx Europe 600 fell by 0,4%. FTSE in Britain lost 0,6%, DAX in Germany dropped by 0,1%. Asian-Pacific Index MSCI declined by 0,9% as well as MSCI Index for Emerging Market.

Dollar fell in comparison to major currencies. Euro grew by 0,2% to $1,1815. British pound rose by 0,5% after retail sales data beat economic forecasts. Turkish lira declined by 0,6% to 4,6177 per dollar.

Basic safe haven assets went up. Japanese yen grew by 0,3% to 109,98 per dollar. US Treasuries increased and their yield is 2,95% today. Price of gold went up to $1302,95 per ounce.

Most European bonds declined.

WTI oil is trading at $66,75 a barrel, Brent oil costs $76,81 a barrel.