Top daily news
Forex news
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 less than 0.1% on Monday as National Association of Home Builders reported builder confidence inched up in September.
Both GBP/USD and EUR/USD continued retreating Monday while federal statistics office Destatis reported German producer prices inflation continued accelerating in August. Both Pound and Euro are higher against the Dollar currently. USD/JPY reversed its advancing Monday while AUD/USD continued sliding with the Australian dollar higher against the Greenback currently while yen is lower.
Stock Market news
Futures on three main US stock indexes are up currently ahead of the Census Bureau housing data at 14:30 CET today. The three major Wall Street stock benchmarks ended solidly down Monday while Treasury prices rose as investors awaited central bank moves on tapering of its easy monetary policy, recording daily losses in the range of -2.19% to -0.1.7%.
European stock indexes are up currently after ending sharply lower Monday led by banking shares. Asian indexes are mixed today with Nikkei leading losses after Japanese markets reopened following a national holiday Monday. China Evergrande Group plummeted over 15% after earlier losing as much as 19% to over 11-year lows.