Top daily news
Forex news
The Dollar weakening is intact currently ahead of the US Labor Department report at 14:30 CET expected to show 350 thousand Americans sought unemployment benefits over the last week, down from 360 thousand the previous week. 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% Wednesday.
Both EUR/USD and GBP/USD reversed their sliding on Wednesday with both pairs higher currently. AUD/USD reversed its sliding on Wednesday while USD/JPY continued its climbing with both Australian dollar and yen higher against the Greenback currently.
Stock Market news
The US stock index futures are up currently with the 10-year US Treasuries yields up at 1.288%. The three main US stock indexes booked back to back gains Wednesday ranging from 0.8% to 0.9%.
European stock indexes are mixed currently after ending higher Wednesday with travel and leisure shares leading gains. European Central Bank is meeting today with the press conference scheduled for 14:30 CET where investors await to hear more clarification on adjustments to the bank’s rates guidance that should reflect a new and more flexible inflation-targeting strategy. Asian stock indexes are rising today in thin trading with Japanese markets closed for a holiday and Hong Kong’s Hang Seng Index Nikkei leading gains.