The Fed promised to hike rates by 75 points again

News of the day, Monday, June 20

Asian shares slipped today and Wall Street futures gained a little amid worries about the further monetary policy tightening.

Nasdaq futures firmed 0.3%, the S&P 500 futures were up 0.2%, MSCI’s broadest index of Asia-Pacific outside Japan lost 0.4%, and the Japanese Nikkei 225 lost 1.2%.

Oil prices rose today after previous losses due to concerns of tighter supply. Brent crude rose 0.4%, and WTI crude was 0.3% up.

European markets opened higher today. Europe’s STOXX 600 index rose by 0.34%, and French CAC 40 added 0.24%.

The U.S. dollar slipped today, as the Fed promised to increase the interest rate by 75 basis points at the next meeting. The Dollar index was down 0.3%.

Key quotes for today:    
Brent — $112.80
WTI — $107.90
GBP/USD — 1.2234
EUR/USD — 1.0514
XAU/USD — $1840.40