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- Market Overview
Cautious mood prevails ahead of Fed meeting - 27.7.2021
Todays’ Market Summary
- The Dollar strengthening has resumed currently
- Futures on three main US stock indexes are down currently
- Brent is rebounding currently ahead of data from the American Petroleum Institute later today.
- Gold prices are edging lower currently
Top daily news
Forex news
Currency Pair | Change |
EUR USD | -0.19% |
GBP USD | -0.29% |
USD JPY | -0.33% |
AUD USD | -0.98% |
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 0.2% on Monday as new homes sales fell to lowest level since pandemic due to high costs and low supply.
Both GBP/USD and EUR/USD reversed their sliding Monday despite Ifo Institute’s monthly survey showing German business sentiment fell unexpectedly in July, Both are lower currently. USD/JPY reversed its advancing Monday while AUD/USD reversed its retreating with Australian dollar lower against the Greenback currently and yen higher.
Stock Market news
Indices | Change |
Dow Jones Index | -0.5% |
Nikkei Index | +0.77% |
Hang Seng Index | -4.8% |
Australian Stock Index | +0.43% |
Futures on three main US stock indexes are down currently ahead of the Conference Board consumer confidence data at 16:00 CET today while US 10-year Treasury yields inched up to 1.281% currently. All three major Wall Street stock benchmarks ended marginally higher at record closing highs for a second straight session yesterday: the three main stock benchmarks recorded gains in the range of 0.03% to 0.24% Monday. Alphabet, Apple and Microsoft are due to publish quarterly results later today.
European stock indexes are mixed currently after ending marginally lower Monday with healthcare shares leading losses. Asian indexes are mostly lower today with Hong Kong’s Heng Seng Index leading losses as investor confidence is undermined by concerns over Chinese regulatory crackdowns.
Commodity Market news
Commodities | Change |
Brent Crude Oil | +0.74% |
WTI Crude | +0.96% |
Gold Market News
Metals | Change |
Gold | -0.1% |