Australian Market

US Market

U.S. stocks swung between small gains and losses as investors weighed the benefits of reopening the economy against concerns that such steps could lead to fresh waves of
coronavirus infections and renewed lockdowns.

The Dow pulled into the closing bell 109 points, or 0.5%, lower, after dropping as much as 261 points earlier. The S&P though ticked up less than 0.1%, while the Nasdaq
Composite climbed 0.8%, with technology and heath-care stocks powering much of the gains.

Commodities

Gold prices fell, with strength in the dollar pressuring prices for the precious metal, as investors eyed concerns about tensions between the U.S. and China and the latest moves to relax shutdowns related to COVID-19.

On Comex, June gold fell $15.90, or 0.9%, to settle at $1,698 an ounce, after the most-active contract for gold saw a weekly rise of almost 0.8% put in on Friday.
Meanwhile, July silver lost 9.8 cents, or 0.6%, at $15.68 an ounce, following a weekly rally of nearly 6% for silver futures, according to FactSet data.

Oil Futures

U.S. oil prices ended 2.4% lower at $24.14 a barrel on renewed worries that progress toward a global economic reopening from coronavirus closures will be a slow process. Crude prices had pushed higher earlier in the session after Saudi Arabia and other OPEC members said they were going to make additional production cuts on top of their
already-announced cuts.

Forex

The U.S. dollar strengthened against most major currencies, including 0.3% against the euro, 0.6% against the pound and 1.1% against the yen.
Rabobank sees the pound extending losses in the coming months as worries about Brexit negotiations and the U.K. government’s handling of the coronavirus intensify.
The WSJ Dollar Index gained 0.5%.

European Markets

Asian Markets