Top daily news
Forex news
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, ended 0.45% lower on Monday as Federal Reserve Bank of New York President John Williams commented US economy hasn't improved enough to pare policy stimulus.
Both GBP/USD and EUR/USD reversed their sliding and are lower currently. AUD/USD and USD/JPY reversed their retreating Monday with both Australian dollar and yen lower against the Greenback currently.
Stock Market news
Futures on three main US stock indexes are rising currently ahead of Fed chief Jerome Powell’s testimony to Congress at 20:30 CET today while US 10-year Treasury yields hover around 1.495%. The three US main stock benchmarks recorded daily gains ranging from 0.8% to 1.8% Monday led by energy shares.
European stock indexes are mixed currently after ending higher in a choppy session Monday led by auto shares. Asian indexes are mostly up today with Nikkei leading gains boosted by shipping stocks that hit ten-year highs.