Top daily news
Global equities are mostly rising currently after SP500 and Dow updated historic highs Thursday after strong US economic data. Apple shares gained 1.38% as Jeff Bezos said ‘we need to do a better job for our employees’, Facebook added 1.65% on Thursday while child safety groups asked Facebook to scrap plans for Instagram for kids.
The Dollar strengthening is intact 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, inched up 0.04% Thursday as US Labor Department reported 576 thousand Americans sought unemployment benefits over the last week, down from 769 thousand the previous week.
GBP/USD continued climbing Thursday while EUR/USD reversed its rising with both pairs lower currently. AUD/USD continued its climbing while USD/JPY persisted retreating Thursday with both yen and Australian dollar lower against the Greenback currently.
Stock market news
|Dow Jones Index||+0.01%|
|GB 100 Index||+0.85%|
|Hang Seng Index||+0.59%|
Futures on three main US stock indexes are mixed currently ahead of University of Michigan Consumer Sentiment preliminary report at 14:30 CET today after a bullish session yesterday as large banks reported blowout earnings. SP 500 and Dow finished at fresh all-time highs with the three main US stock benchmarks recording daily gains ranging from 0.9% to 1.3%.
European stock indexes are higher today after closing at records Thursday. Asian indexes are mostly up today with Shanghai Composite leading gainers after China reported a sharp acceleration in first quarter growth while retail sales bounced strongly last month.
Commodity market news
|Brent Crude Oil||+0.53%|
Brent is edging higher today. Oil prices ended at fresh four week highs yesterday on positive U.S. economic data. The US oil benchmark West Texas Intermediate (WTI) futures gained 0.5%. June Brent crude added 0.5% to $66.94 a barrel on Thursday.
Gold market news
Gold prices are steady today . June gold gained nearly 2% settling at $1,766.80 an ounce on Thursday – a seven-week high.
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