A brief of global stocks on Monday June 14 2021(6:57 AM - 15/06/2021)
U.S. stocks are hovering at record levels, powered to fresh highs by a combination of rebounding economic activity and corporate profits, and a bevy of ongoing support from both fiscal and monetary policymakers. The duration of this monetary policy support will come into focus this week with the Federal Reserve's policy decision and press conference on Wednesday.
A brief of global stocks on Monday June 14 2021(6:26 AM - 15/06/2021)
U.S. stocks are hovering at record levels, powered to fresh highs by a combination of rebounding economic activity and corporate profits, and a bevy of ongoing support from both fiscal and monetary policymakers. The duration of this monetary policy support will come into focus this week with the Federal Reserve's policy decision and press conference on Wednesday.
A brief of global stocks on Tuesday June 15 2021(6:39 AM - 16/06/2021)
Broader Asian markets tracked overnight gains on Wall Street, with investors looking to a much-anticipated Federal Reserve policy meeting. Many investors expect the Fed to maintain its dovish stance at its two-day meeting from Tuesday. Some board members, however, have said the central bank should start discussing tapering its bond-buying.
A brief of global stocks on Wednesday June 16 2021(6:37 AM - 17/06/2021)
Wall Street’s all three major indexes dropped overnight as markets awaited fresh guidance from the U.S. Federal Reserve. The Fed is widely expected to acknowledge the first conversations among its policymakers about when and how fast to pare back the massive bond-buying programme launched in 2020 when it concludes the two-day policy meeting later in the day.
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