Berita English News

Global Market: Stocks Drift as Second Wave Virus Fears Mount

Kamis, 18 Juni 2020 | 17:33 WIB
Global Market: Stocks Drift as Second Wave Virus Fears Mount

ILUSTRASI. Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues in the Manhattan borough of New York, U.S., May 27, 2020. REUTERS/Lucas Jackson TPX IMAGES OF THE DAY

Sumber: Reuters | Editor: Narita Indrastiti

The Australian dollar AUD=D4 fell 0.3% to $0.6864, hit by worse than expected employment data. The unemployment rate jumped to the highest in about two decades in May as nearly a quarter of a million people lost their jobs due to the coronavirus pandemic-driven shutdowns.

Oil prices recovered from losses earlier in the session, with U.S. crude futures CLv1 down 0.2% to $38.13 per barrel, while international benchmark Brent LCOc1 added 0.2% to $40.78 a barrel.

The Organization of the Petroleum Exporting Countries and its allies, or OPEC+, are expected to hold an online meeting later on Thursday to discuss the future of a record 9.7 million barrels per day output cut.

In commodity markets, gold XAU= was stuck at $1,726.48 per ounce.


Baca juga