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- Market Overview
Markets trade cautiously ahead of US jobs data - 3.9.2021
Todays’ Market Summary
- The Dollar weakening continues currently
- Futures on three main US stock indexes are up
- is extending gains currently. Prices rose yesterday amid reports about 80% of the Gulf of Mexico's oil and gas output has been affected by hurricane Ida
- Gold prices are edging higher today
Top daily news
Forex news
Currency Pair | Change |
EUR USD | +0.55% |
GBP USD | -0.51% |
USD JPY | +0.03% |
AUD USD | +0.52% |
The Dollar weakening continues 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 despite the US Labor Department report 340 thousand Americans sought unemployment benefits over the last week, down from 354 thousand the previous week.
Both GBP/USD and EUR/USD continued their climbing Thursday as the Eurostat reported producer price index for euro zone rose more than expected in June. Euro is higher against the Dollar currently while Pound is down. USD/JPY reversed its advancing yesterday while AUD/USD added to gains with yen lower against the Greenback currently while the Australian dollar is higher still.
Stock Market news
Indices | Change |
Dow Jones Index | +0.06% |
Nikkei Index | +2.19% |
Hang Seng Index | -0.51% |
Australian Stock Index | +0.26% |
Futures on three main US stock indexes are up currently with US 10-year Treasury note yields hovering around 1.295%. The three main US stock benchmarks ended higher Thursday following better weekly jobless claim data. The SP500 and Nasdaq ended at records with three benchmarks recording daily gains in the range of 0.14% to 0.37%.
European stock indexes are lower currently after closing mixed Thursday with oil and gas shares leading gains. Asian indexes are mostly higher today with Nikkei leading gains after news Prime Minister Yoshihide Suga would step down, while China's August services activity slumped into contraction.
Commodity Market news
Commodities | Change |
Brent Crude Oil | +0.35% |
WTI Crude | +0.25% |
Gold Market News
Metals | Change |
Gold | +0.16% |