Wall Street ends little changed on Monday

Major equity indexes in the U.S. had a calm session on Monday as the CBOE Volatility Index VIX, the fear gauge, dropped -7.38% to its lowest level since 1993 on Emmanuel Macron's victory in the French presidential election. On the other hand, crude oil prices, which have lately been a major catalyst for the stock markets, wavered on Monday and struggled to find direction amid mixed signals surrounding a possible supply cut deal extension.

  • Forex today: Macron trade unwound and Fed chat less hawkish noting poor data

The Dow Jones Industrial Average gained 5.3 points, or 0.03%, to 21,012.28. After touching a fresh record high, the S&P 500 lost 2.75 points, or 0.1%, to 2,395 and finally, the Nasdaq Composite rose 1.90 points, or 0.03%, to 6,102.66.

Headlines from the U.S. session

  • Investment funds buy $11.530 bln 2-year note in May - U.S. Treasury - Reuters
  • US Dollar consolidates gains near 99
  • Retail sales on Friday will be key - Nomura
  • US CPI is key this week - Nomura
  • Fed chat of last week and this week's updates - UOB Group
  • European stocks edged lower as investors sold the fact after Macron's victory
  • NY Fed: Inflation expectations decline and employment prospects brighten
  • Fed's Bullard: Continued rate hikes not justified by data
  • OPEC, non-OPEC producers are considering extending supply cut - Reuters
  • Fed's Bullard: The policy rate is approximately at an appropriate setting today

USD/JPY marching toward first daily close above 113 since mid-March

The USD/JPY pair was able to build on last week's gains on Monday as the interest for the greenback returned to the markets. The pair renewed its high
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EUR/USD revisits lows in 1.0920 region

The EUR/USD pair fell to its daily low at 1.0917 in the early trading hours of the NA session and made a recovery to 1.0930/35 region before coming ba
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