- Analytics
- Market Overview
Stocks mixed after tepid US jobs report - 7.6.2021
Todays’ Market Summary
- The Dollar strengthening has resumed currently.
- Futures on US equity benchmarks are lower currently
- Brent is retreating currently as investors await the results of talks between Iran and US this week over a nuclear deal.
- Gold prices are edging lower
Top daily news
Forex news
Currency Pair | Change |
EUR USD | -0.09% |
GBP USD | -0.5% |
USD JPY | -0.03% |
AUD USD | -0.05% |
The Dollar strengthening has resumed 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 0.4% on Friday as the Bureau of Labor Statistics reported The United States added 559,000 jobs in May, below expectations.
Both EUR/USD and GBP/USD reversed their sliding Friday despite the Eurostat report retail trade in euro-zone fell 3.1% over month in April after 3.3% growth in prior month when a 1.4% decrease was expected. Both pairs are lower currently. USD/JPY gave back all of prior day’s gain Friday while AUD/USD pared almost all of its losses from prior day with yen higher against the Greenback currently and the Australian dollar lower.
Stock Market news
Indices | Change |
Dow Jones Index | -0.17% |
Nikkei Index | +0.27% |
Hang Seng Index | -0.76% |
Australian Stock Index | -0.29% |
Futures on US equity benchmarks are lower currently after climbing on Friday on investors relief over a tepid US jobs report. The three main US stock benchmarks recorded daily gains ranging from 0.5% to 1.5% Friday.
European stock futures are down currently after ending higher on Friday . Asian indexes are mixed today after finance ministers from the Group of Seven (G-7) advanced nations agreed on Saturday to back a minimum global corporate tax rate of at least 15%. Nikkei index is leading gains currently and Shanghai Composite is up as data showed China’s imports grew at their fastest pace in ten years.
Commodity Market news
Commodities | Change |
Brent Crude Oil | -0.81% |
WTI Crude | -0.41% |
Gold Market News
Metals | Change |
Silver | -0.39% |