Top daily news
Forex news
The Dollar strengthening has resumed 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, slipped 0.1% Monday while US Treasury reported budget deficit hit record high for March.
Both EUR/USD and GBP/USD reversed their sliding Monday as Eurostat reported euro-zone retail sales rose 3% over month in February after 5.2% drop in previous month, when an 1.3% increase was forecast, Both pairs are lower currently. USD/JPY joined AUD/USD’s continued retreating Monday with both Australian dollar and yen lower against the greenback currently.
Stock Market news
Futures on three main US stock indexes are down currently while US 10-year Treasury yields hover around 1.691% ahead of US inflation data at 14:30 CET today. The three US main stock benchmarks recorded losses ranging from 0.02% to 0.4% Monday.
European stock indexes are lower currently after closing lower Monday while UK government announced it was relaxing lockdown measures in England. Asian indexes are mixed today with Nikkei leading gainers while China’s exports in dollar terms rose by 30.6% in March from a year earlier while imports jumped 38.1% compared to the same time last year.