Top daily news
Forex news
The Dollar weakening has reversed 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 0.38% Thursday as US Labor Department reported 744 thousand Americans sought unemployment benefits over the last week, up from 728 thousand the previous week.
GBP/USD continued sliding Thursday while EUR/USD reversed its retreating as federal statistics office Destatis reported German industrial orders rose in February. AUD/USD reversed its sliding while USD/JPY reversed its climbing Thursday with both yen and Australian dollar lower against the Greenback currently.
Stock Market news
Futures on three main US stock indexes are up currently ahead of Bureau of Labor Statistics report on producer prices index at 14:30 CET today after a bullish session yesterday as Fed chairman Powell again signaled an accommodative stance on monetary policy. SP 500 finished at a second straight record as the three main US stock benchmarks recorded daily gains ranging from 0.2% to 1.0%.
European stock indexes are lower today after closing higher Thursday led by food and beverage shares. Asian indexes are mostly lower today with Nikkei defying the general trend as official data from China showed producer prices rose at their fastest annual pace since July 2018 in March.