Stocks mixed after Wall Street closes little changed - 9.8.2022

The Dollar weakening 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, slid 0.2% on Monday.

Both GBP/USD and EUR/USD reversed their retreating Monday as Sentix economic sentiment index for the euro zone rose fractionally for August from the previous month. Both pairs are up currently. USD/JPY reversed its climbing yesterday while AUD/USD reversed its sliding with the yen higher against the Greenback currently and the Australian dollar lower.

Futures on three main US stock indexes are up currently ahead of the National Federation of Independent Business (NFIB) report at 16:00 CET today with the yield on benchmark 10-year Treasury notes inching down to 2.755%.The three benchmark indexes recorded daily returns ranging from -0.1% to 0.1% on Monday.

European stock indexes are down currently after closing higher Monday as retail shares led gainers. Asian indexes futures are mixed today with Japan’s Nikkei index leading losses amid weak quarterly earnings reports.

Brent is pulling back currently. Prices extended gains yesterday after China reported faster than expected growth in exports. US West Texas Intermediate WTI rose 1.97% but is lower currently. Brent added 1.8% to $96.65 a barrel on Monday.