Stocks rebound intact after SP500 fresh record - 2.4.2021

The Dollar weakening is intact currently . The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, lost 0.3% Thursday as US Labor Department reported 719 thousand Americans sought unemployment benefits over the last week, up from 658 thousand the previous week.

Both GBP/USD and EUR/USD continued climbing Thursday as Markit reported euro-zone manufacturing activity grew at its fastest pace on record in March. AUD/USD reversed its sliding while USD/JPY reversed its climbing Thursday with both yen and Australian dollar lower against the Greenback currently.

Futures on three main US stock indexes are up currently ahead of monthly jobs report at 14:30 CET today after a rally yesterday as the Institute for Supply Management (ISM) showed a jump in manufacturing activity due to robust demand. US exchanges will be closed today. The three main US stock benchmarks recorded daily gains ranging from 0.5% to 1.8%.

European stock markets are also closed today for Good Friday after closing higher Thursday led by tech shares. Asian indexes are mostly higher today in thin trading as  Nikkei led gains with Australia, New Zealand, Hong Kong and Singapore among the Asian countries observing the Good Friday holiday.