Loading…
The Australian share market closed lower on June 10, with the ASX 200 down 3.1 per cent, after the Federal Reserve forecast a slower US recovery from the coronavirus pandemic. The Dow fell 1 per cent while the Nasdaq rose above 10,000 points for the first time.
A gloomier Fed outlook points to weaker US demand and rates staying near zero, which can weigh on the dollar and support commodity prices. The immediate effect on feed markets is limited.
abc.net.auJun 10, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
