A NASDAQ 100 forecast for Wednesday, June 7, 2023, predicts a value of 14566, with a maximum of 15586 and a minimum of 135461. On June 6, 2023, U.S. equity markets had slight losses following a big rally on the previous Friday. Factors impacting the market included Apple's announcement about its new mixed-reality headset and concerns about regulators potentially increasing capital requirements for big banks. Additionally, there were some significant corporate and geopolitical events, including an SEC accusation against Binance and CEO Changpeng Zhao, and the destruction of a dam in a Russian-occupied area of southern Ukraine2. The U.S. dollar weakened against other major currencies on June 6, and U.S. treasury yields dropped. This was influenced by weak ISM services activity data for May, which boosted hopes for a pause in rate hikes at the upcoming Fed meeting3. Crude oil is predicted to be at a maximum of $103.77, minimum of $77.69, and average of $90.73 on June 7, 20234. The Nikkei 225 index in Tokyo ended down 0.19 percent at 29,513.65 on June 6, 20235. Cryptocurrency prices for Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), USD Coin (USDC), XRP (XRP), Cardano (ADA), Polkadot (DOT), Dogecoin (DOGE), and Uniswap (UNI) were also gathered7.
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