Top daily news
Stock markets are mixed currently following a bullish session on Monday while US 10-year Treasury yields eased to 1.60% ahead of two-day Fed meeting starting today. Tesla stocks closed up 2.05% as the EV maker officially gave CEO Elon Musk the title of “Technoking of Tesla” in a new regulatory filing on Monday, Apple shares gained 2.45%.
Forex news
| Currency Pair | Change |
|---|---|
| EUR USD | +0.02% |
| GBP USD | -0.5% |
| USD JPY | +0.08% |
| AUD USD | -0.23% |
The Dollar strengthening has paused 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 0.2% Monday as business activity continued to expand in New York State in March.
Both EUR/USD and GBP/USD continued sliding Monday despite German federal statistics bureau Destatis report German Wholesale Price Index rose 2.3% over year in February after no change in previous month. Euro is higher currently against the Dollar while Pound’s sliding is intact. AUD/USD continued its sliding as USD/JPY slowed its climbing yesterday with both yen and Australian dollar lower against the greenback currently.
Stock Market news
| Indices | Change |
|---|---|
| Dow Jones Index | -0.05% |
| GB 100 Index | -0.12% |
| Nikkei Index | +0.52% |
| Hang Seng Index | +0.49% |
| Australian Stock Index | +0.8% |
Futures on three main US stock indexes are higher currently after SP500 and Dow Jones Industrial Average closed at a record highs Monday. The three US main stock benchmarks recorded gains ranging from 0.3% to 1.1%.
European stock indexes are down currently after ending mixed yesterday as Germany and Italy became the latest countries to suspend the use of the AstraZeneca-University of Oxford vaccine over concerns about possible side effects. Asian indexes are mostly higher today with Australia’s All Ordinaries ASX 200 Index leading gains.
Commodity Market news
| Commodities | Change |
|---|---|
| Brent Crude Oil | -0.73% |
| WTI Crude | -0.65% |
Brent is edging lower ahead of data from the American Petroleum Institute later today. Prices closed lower Monday despite reports China’s industrial output growth quickened in January-February, beating expectations, and its daily refinery throughput rose 15% from a year earlier. The US oil benchmark West Texas Intermediate (WTI) lost 0.3%. Brent fell 0.5% to $68.88 a barrel on Monday.
Gold Market News
| Metals | Change |
|---|---|
| Gold | -0.09% |
Gold prices are pulling back today . April gold rose 0.6% to $1729.20 an ounce on Monday, highest closing in nearly 2 weeks.
https://www.ifcmarkets.com/en/market-overview/market-overview-16-03-2021