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Nasdaq 100 and S&P 500 hit all-time highs Tuesday. Investors expect no Fed rate change, but the FOMC will release its economic projections.
The pound fell against the euro after Macron's snap election call and a far-right victory, leading to a decline in the common currency.
The Aussie dollar is rebounding after a slump early this year, yet struggles with weak economic growth persist.
U.S. April nonfarm job growth was below expectations, and the unemployment rate rose, raising the likelihood of a Fed rate cut soon.
The S&P 500 and Nasdaq closed slightly lower on Thursday, pulling back from prior session highs, as investors anticipate a crucial labor market report.
Canadian stocks and bonds surged as the BOC, first among the G7 central banks, slashed rates, pushing the loonie to a two-week low.
The ADP report showed that the U.S. private sector added 192,000 jobs, hiring increased in various industries, and the labor market remained strong.
Nikkei 225 fell on Wednesday amid an ongoing poor performance. Speculation rises on the BOJ considering the interest rate hike to bolster the yen.
Oil prices eased Tuesday, extending 4-month lows as investors fear supply increases later in the year. Losses continue from the previous session.
The Canadian dollar rose Monday as falling Treasury yields offset expectations of a BOC rate cut next week due to weak GDP data.
In March, the US core PCE price index remained at 2.8% year-on-year, showing solid consumer spending amid ongoing pressure.
Oil prices fell Friday as Fed officials said rate cuts were premature, and a surprise build in US gasoline stocks added pressure.
Gold and silver prices fell Thursday amid inflation concerns. Despite recent declines, analysts foresee their strengthening in the coming year.
The FTSE 100 Index tumbled Tuesday as bids for two major companies neared a deadline. Foreign investors are snapping up discounted stocks.
