Stocks rebound intact after Wall Street rally - 26.3.2021

The Dollar strengthening has halted 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, added 0.2% Thursday as US Labor Department reported 684 thousand Americans sought unemployment benefits over the last week, down from 781 thousand the previous week.

GBP/USD reversed its sliding while EUR/USD continued retreating Thursday despite GfK reported better than expected German consumer sentiment for April. AUD/USD reversed its sliding while USD/JPY continued its climbing Thursday with yen lower against the Greenback currently while Australian dollar is higher still.

Futures on three main US stock indexes are up currently after a rebound yesterday as Labor Department data showed claims for unemployment benefits dropped to a one-year low last week. Bond yields advance resumed. The three main US stock benchmarks recorded daily gains ranging from 0.1% to 0.6%.

European stock indexes are mixed today after closing mixed Thursday with losses led by oil and gas shares. Asian indexes are mostly higher today with Shanghai Composite leading gains despite European Union and US sanctions on officials in China’s Xinjiang region over allegations of human rights abuses.