The market overview in the morning, compiled by Dow Jones Newswires:
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+++++ Daily topic +++++
The United States and China’s negotiators in London have completed two days of intensive discussions with a framework agreement, which according to their information is to restore trade peace to the two largest economies and reduce the tensions between them.
Representatives of both countries declared that the framework agreement essentially restored an agreement to which they had agreed in Switzerland last month. This provided for both sides to lower their tariffs, and was partly based on Beijing’s promise to accelerate licenses for the export of rare earths while the negotiators continued to negotiate.
“The two largest economies in the world have agreed on a frame by hands,” said US Minister of Trade Howard Lutnick. “We will start implementing this framework as soon as President Trump has agreed, and the Chinese will receive the approval of President XI, and that is the process.” A high -ranked Chinese negotiator, liengang, nodded to Lutnick’s comments and said that the two sides were “in principle agreed”.
The framework agreement marks the latest turn in a intensifying trade war, which had intensified again in the past few weeks after earlier relaxation.
A main goal of the US negotiators under the direction of US Finance Minister Scott Bessent and Lutnick was to persuade China to accelerate the exports of rare earths and magnets that contain them-as their Chinese partners had assured in Geneva last month.
The Chinese team under the direction of Vice Prime Minister He Lifeng, a close confidante by Head of State XI Jinping, negotiated hard by asking the United States clearly loosening the restrictions for the sale of technology and other products to China. This is reported by the matter familiar with the matter.
The negotiators did not announce in detail what they had agreed on as part of the frame. This could contribute to persistent uncertainty about the trade agreement. The lack of the announced details could indicate that the US side needs Trump’s consent to reverse some of the controls required by Beijing’s representatives.
+++++ Outlook Company ++++++
22:05 US/Oracle Corp, annual result
+++++ Outlook economy +++++
– US
2:30 p.m. Real income May
2:30 p.m. Consumer prices May
Forecast: +0.2% GG VM/ +2.4% GG VJ
Before: +0.2% GG VM/ +2.3% GG VJ
Consumer prices core rate
Forecast: +0.3% GG VM/ +2.9% GG VJ
Before: +0.2% GG VM/ +2.8% GG VJ
16:30 ROW ONDER CARE Data (week) of the state energy information
Administration (eia) previous week
+++++ Overview of indices +++++
Index last +/- %
E-Mini-Future S & P-500 6.027.00 -0.3%
E-Mini-Future Nasdaq-100 21,902.75 -0.3%
S&P/ASX 200 (Sydney) 8,605.40 +0.2%
Nikkei-225 (Tokyo) 38,409.19 +0.5%
Hang-Seng (Hongk.) 24,370.23 +0.9%
Shanghai-Comp. 3,403.54 +0.6%
Kospi (SEOUL) 2,905.38 +1.2%
+++++ Financial markets +++++
East Asia (course)
On Wednesday, positive signs dominate the stock exchanges in East Asia and Australia after progress in the trade talks between the USA and China. According to this, a framework agreement was agreed, which US President Donald Trump and Chinese President Xi Jinping still have to agree. In addition, only a few details of the agreement have so far been known, as the analysts of Maybank note. The enthusiasm, however, is also limited because on Tuesday a US Court of Appeal decided that the Trump government may maintain far-reaching tariffs for the time being. Investors are also likely to hold back in the expectation of the US inflation data in the later day. The markets of the region are led by technology values. According to the framework, the framework agreement provides for the cancellation of some export restrictions from US technology to China. In Seoul, SK Hynix’s shares are more expensive by 3.9 percent. Index heavyweight Samsung Electronics rise by 0.9 percent. In Tokyo, Advantest win 0.6, Tokyo Electron 3.9 and Renesas 1.7 percent. Alibaba increases by 1.5 percent on the stock exchange in Hong Kong. Under the individual values in Sydney, the shares of the airline Qantas fall by 1.3 percent. The company closes its low -cost airline Jetstar based in Singapore, including for cost reasons.
Wall Street
Index last +/- % absolutely +/- % ytd
DJIA 42,866.87 +0.2% 105.11 +0.5%
S & P-500 6.038.81 +0.5% 32.93 +2.0%
NASDAQ Comp 19,714.99 +0.6% 123.75 +1.5%
Nasdaq 100 21,941.92 +0.7% 144.05 +3.7%
Sales data
Tuesday Monday
Sales NYSE (stocks) 1.01 billion 1.02 billion
Winner 1,768 1,753
Loser 994 996
Unchanged 86 93
A little firmer – the hope of setting up the trade conflict between the USA and China has supported Wall Street. The talks went into the second day and there were signals of an approximation. The talks on trade questions were “really, really good,” said US Minister of Trade Howard Lutnick. Disney rose by 2.7 percent. The media group had included a lengthy dispute with the comcast division NBCuniversal over the fair value of Hulu. The value of Hulu is significantly below what NBCUniversal had asked for in the arbitration process, but something above what Disney had set as a value. Apple recovered by 0.6 percent of the previous daily taxes. The developer conference shows that the group in the race for the AI is threatened to fall behind its competitors, judged analyst Ipek Ozkardeskaya from Swissquote. A similarly critical view of the Ki renovations had burdened the course the day before. IBM plans the first major quantum computer. The course won 1.6 percent. McDonald’s lost 1.4 percent after another negative analyst comment – Redburn Atlantic had decreased on “selling”.
US bonds
The yield of ten years of US state bonds lost 2 basis points to 4.47 percent. An auction of three-year US state bonds made relief, but hardly moved the secondary market. The emission had come to a solid demand. The last time a weak auction of 20-year debt titles had caused unrest on the pension market.
CURRENCY
Last +/- % 00:00 Tue, 09:05 % YTD
EUR/USD 1.1417 -0.1 1.1425 1.1395 +10.4%
EUR/JPY 165.57 0.0 165.52 164.80 +1.4%
EUR/GBP 0.8467 0.1 0.8462 0.8454 +1.9%
GBP/USD 1.3483 -0.1 1.3502 1.3479 +8.2%
USD/JPY 145.04 0.1 144.88 144.62 -8.1%
USD/KRW 1,370.60 0.5 1,363.34 1,365.58 -8.4%
USD/CNY 7.1778 -0.1 7.1829 7.1786 -0.5%
USD/CNH 7.1875 -0.0 7.1895 7.1895 -2.0%
USD/HKD 7.8491 0.0 7.8480 7.8485 +1.0%
AUD/USD 0.6514 -0.2 0.6524 0.6501 +5.3%
NZD/USD 0.6035 -0.3 0.6051 0.6038 +8.1%
BTC/USD 109,535.15 -0.3 109,878.25 109,497.05 +17.9%
YTD based on the final course of the previous day
The dollar grew slightly, the dollar index won 0.1 percent – here too, the relief from the pension market was noticeable. “A weak auction could revive the story of a weaker dollar,” Ing analyst Chris Turner warned against bond emission.
++++ Raw materials +++++
OIL
Rawoel last VT closing +/- % +/- USD % YTD
WTI/Nymex 65.00 64.70 +0.5% +0.30 -9.1%
Brent/ICE 66.82 66.60 +0.3% +0.22 -10.3%
YTD based on the final course of the previous day
After reaching the highest level, oil prices have been turning into the minus since April – prices are reduced by around 0.8 percent per barrel. Dealers spoke of profit treatment in view of the negotiations between the United States and China, which have so far been carried out without results.
Metals
Metals last the last day +/- % +/- USD % YTD
Gold 3,339.69 3,323.20 +0.5% +16.49 +26.8%
Silver 32.01 32.02 -0.0% -0.01 +15.4%
Platin 1087.06 1073.27 +1.3% +13.79 +22.3%
Copper 4.91 4.90 +0.1% 0.01 +20.8%
YTD based on the final course of the previous day
+++++ Messages since the previous day, 8:00 p.m. +++++
Customs policy USA
(More to follow) Dow Jones Newswires
June 11, 2025 01:43 ET (05:43 GMT)