At the beginning of the week, market volatility could be quite low, as investors will not open aggressive positions before the Fed meeting.
A new week in Asia began in the red, although negotiations between the United States and China on trade issues began Monday. In Hong Kong, the market reacted with a decrease to the regular protests of the past weekend. In South Korea, the market remains in limbo because of Japan’s position, which has excluded South Korea from the list of privileged trade. In China, in June, industrial revenues decreased by 3.1%, following a 1.1% increase in May. This morning, the Nikkei 225 index reached 21565.85 p. (-0.43%), Hang Seng: 27,967.04 p. (-1.52%), Shanghai Composite: 2934.28 p. (-0.35%).
Iran had talks with representatives of countries participating in the nuclear agreement. Tehran described them as constructive, but said that compliance with the agreements would depend on the degree of willingness of Europeans to respect their obligations. The United States did not participate in the negotiations, but the State Secretary, Mr. Pompeo, reaffirmed his readiness to visit Iran for negotiations. Meanwhile, the United States and the United Kingdom are continuing to collaborate on creating a coalition that will ensure the safety of navigation in the Strait of Hormuz. This morning, Brent was traded at $ 63.11 (-0.41%), WTI: 56.05 (-0.27%), gold: $ 1,420 (+ 0.05%), copper : $ 5,921.64 (+ 0.04%), nickel: $ 13,925 (-1.24%).
The dollar index has reached 98.01 p. The yield on 10-year Treasury bills fell to 2.067%. This morning, the EUR / USD pair was $ 1,113 (unchanged), GBP / USD: $ 1,237 (-0.11%), USD / JPY: 108.61 (-0.05%).