top of page

Economic News July 16, 2024

16 thg 7, 2024

US Stock Market Situation

The US stock market rose on Monday as expectations grew that former President Donald Trump and the Republican Party could win the November elections following an attempted assassination on him. The S&P 500 increased by 0.28%, closing at 5,631.22 points. The Nasdaq rose by 0.4%, ending the session at 18,427.57 points. The Dow Jones climbed by 0.53%, reaching 40,211.72 points, marking a record closing high for the Dow Jones.


US Treasury Bonds Situation

The yield on the 10-year US Treasury bond fell slightly to 4.222%.


Dollar Index Situation

The Dollar Index recovered slightly, rising by 0.16% to 104.26 points following comments from Fed Chairman Jerome Powell.


Gold Situation

Global gold prices continued to rise modestly, with spot gold increasing by $8.7 to $2,422.6 per ounce. Futures gold also rose by $5.1 compared to the previous session, reaching $2,425.8 per ounce.


Commodity Markets Situation

At the end of yesterday’s session, demand from China and the strengthening US dollar continued to push oil prices down. Brent crude oil fell by 18 cents, or 0.2%, to $84.85 per barrel. WTI crude oil dropped by 30 cents, or 0.4%, to $81.91 per barrel.

Related Posts

U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years.

US annual consumer price increase slows to below 3%

15 tháng 8, 2024

In the agricultural sector, the prices of many products showed positive signs, with soybean meal unexpectedly surging by nearly 5% and corn prices rebounding from their lowest level in four years.

Agricultural Commodity Prices are Recovering, while the Oil Market Weakens

15 tháng 8, 2024

The prices of both types of coffee have sharply reversed and decreased. This is due to the forecast that temperatures in Brazil will rise again this week, with the risk of frost remaining low..

Coffee News August 14, 2024

14 tháng 8, 2024

Related Post

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

bottom of page