Equities mixed after US stocks ended at records - 11.6.2024

The Dollar strengthening continues 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, ended 0.2% higher on Monday.

EUR/USD slowed its sliding while GBP/USD reversed its retreating on Monday after French President Emmanuel Macron called snap parliamentary elections later this month after suffering a heavy defeat in the EU vote on Sunday. Both Pound and euro are lower against the dollar currently. USD/JPY slowed its advancing yesterday while AUD/USD reversed its retreating with both the yen and Australian dollar lower against the Greenback currently.

Futures on three main US stock indexes are down currently with the yield on benchmark 10-year Treasury down at 4.457% ahead of 10-year Treasury Bond Auction at 19:01 CET today. US markets ended higher on Monday with the three main stock benchmarks recording daily gains in a range from 0.18% to 0.35%.

European stock indexes futures are higher currently after indexes closed lower second straight session on Monday with food and beverage stocks leading losses. Asian indexes futures are mixed today with Australia’s All Ordinaries ASX 200 Index leading losses as National Australia Bank (NAB) reported business confidence deteriorated in May.

Brent is retracing lower currently. Oil prices ended over $2 higher yesterday. US West Texas Intermediate WTI ended 2.9% higher but is down currently. Brent rose 2.5% to $81.63 a barrel on Monday.