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June 23rd Morning Report

Monday 23rd June 2025

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The US investors are bracing for a knee-jerk selloff in stock markets on Monday after the weekend's US attack on Iran raised the specter of retaliation and higher oil prices.

The Dow Jones Industrial Average up 0.08%, while the S&P 500 and Nasdaq Composite were down 0.22% and 0.51% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.20%), the Dax 30 (+1.27%), CAC 40 (+0.48%) and the STOXX (+0.70%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.22%), HSI (+1.26%) and the Shanghai Composite (-0.066%).

The yield on the US 10 - year note was at 4.377%, while the 2 - year note was at 3.906%. Oil was up to $74.93 per barrel, down 0.28%. The gold price was at US$3385.70 per ounce, down 0.66%. 



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