Brexit effects fading further and US stocks at record highs - Westpac

Analysts at Westpac Banking Corporation explained the global market sentiment for today.

Key Quotes:

"The risk seeking mood continued as Brexit effects faded further. The S&P500 is up 0.8% to a fresh record high, following gains across Asia and Europe. Commodities and interest rates also rose.

Economic Wrap

US JOLTS job openings fell from 5845 to 5500 in May (vs 5650 expected. Both the hiring rate and quit rate also fell, the latter a favourite indicator of Fed Chair Yellen. Wholesale inventories rose 0.1% (vs 0.2% expected)."