Top daily news
Stock index futures are pointing in different directions currently after SP500 and Nasdaq closed at fresh records on Monday. Facebook shares rose 4.18% after a US judge dismissed the antitrust complaint filed last year by the US Federal Trade Commission (FTC) and state attorneys general which claimed Facebook violated antitrust laws by buying photo-sharing app Instagram and messaging service WhatsApp in order to cut off emerging competitive threats and protect its monopoly. Alphabet shares slid 0.11% on Monday in after-hours on a report that the Justice Department is actively pursuing a probe on Google's business that places ads on others' websites.
The Dollar strengthening is intact currently . The [URL deleted] 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 0.1% on Monday as Federal Reserve Bank of Richmond President Thomas Barkin said the Fed has made “substantial further progress” towards its inflation goal in order to begin tapering asset purchases.
[URL deleted] EUR/USD joined [URL deleted] GBP/USD’s continued sliding Monday despite federal statistics office Destatis report the index of import prices in Germany rose more than expected in May. Both are lower currently. AUD/USD joined USD/JPY’s continuing retreating Monday with Australian dollar lower against the Greenback currently while yen is higher still.
Stock Market news
|Dow Jones Index||-0.13%|
|Hang Seng Index||-0.75%|
|Australian Stock Index||-0.53%|
Futures on three main US stock indexes are mixed currently ahead of the Conference Board report on consumer confidence at 16:00 CET today while US 10-year Treasury yields declined toward 1.48% currently. The three US main stock benchmarks recorded daily returns ranging from -0.44% to 0.98% Monday with big tech companies including Facebook, Apple and Amazon leading gains.
European stock indexes are up currently after ending lower in a choppy session Monday led by travel and leisure shares. Asian indexes are mostly down today with Hong Kong’s Heng Seng Index leading losses.
Commodity Market news
|Brent Crude Oil||+0.06%|
[URL deleted] Brent is edging higher ahead of data from the American Petroleum Institute later today. Prices closed lower Monday weighed by spiking in Covid-19 cases in Asia and Europe. US West Texas Intermediate WTI slid 1.5% but is higher currently. Brent fell 2% to $74.68 a barrel on Monday.
Gold Market News
Gold prices are edging back currently . August gold rose 0.2% to $1780.70 an ounce on Monday scoring back-to-back gains.
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