Best daily news
Stock futures are currently mostly rising after a hectic week with markets in mainland China and Japan closed for the holidays. Tesla shares rose 4.79% on Friday, outperforming the market, Amazon shares fell 0.11%, while a judge refused to reject Amazon’s claim that President Trump’s intervention cost the company a $ 10 billion contract with the Pentagon. was eventually taken over by Microsoft.
|Euro US dollar||-0.41%|
|Pound US dollar||+ 0.21%|
|US dollar yen||+ 0.3%|
|Australian dollar||+ 0.12%|
Currently, the strengthening of the dollar is not disturbed… Current US dollar index data shows that the ICE US dollar index, a measure of the dollar’s strength against a basket of six competing currencies, jumped 0.7% on Friday as the Bureau of Economic Analysis said its personal consumer spending index rose more in March. than expected because it did an index of employment costs and personal income.
On Friday, the euro / dollar rate accelerated, while the pound / dollar expanded its retreat as federal statistics office Destatis reported that Germany’s gross domestic product (GDP) fell 1.7% qoq in the first quarter after rising 0. 3% over the last three months of 2020, when a 1.5% decline was predicted. The euro is lower against the dollar, while the pound is higher. On Friday, AUD / USD accelerated its decline, while USD / JPY continued to rise: the Australian dollar is up against the dollar currently, and the yen is still falling.
Stock market news
|Dow Jones||+ 0.27%|
|Hang Seng Index||-1.14%|
|Australian stock index||-0.01%|
|DE 30||+ 0.39%|
US stock index futures are currently higher ahead of the release of the Manufacturing PMI report from the Supply Management Institute at 4:00 pm CET today. Shares ended the week with a slight increase. On Friday, the daily losses of the three major US stock indexes ranged from 0.5% to 0.9%.
European stocks are currently rallying after completing their decline on Friday, driven primarily by mining stocks, as Eurostat said the eurozone plunged into a double recession, with GDP falling 0.6% in the first quarter. Markets in the UK are closed for the public holiday of May Day. Asian indices are mostly down today, with the Hang Seng falling leading amid news that Australia is renegotiating a 99-year lease on the northern Darwin commercial and military port to a Chinese firm, while New Zealand Prime Minister Jacinda Ardern said that disagreements with China “are becoming increasingly difficult to reconcile.”
Commodity market news
Currently, the price of Brent crude oil is declining. Prices fell on Friday as Japanese data showed that oil imports fell 25% in March from a year earlier to 2.34 million barrels per day, while OPEC oil production surged in April due to increased supplies from Iran. … West Texas Intermediate (WTI) futures fell 2.2% and is currently lower. Brent crude fell 1.9% in June on the last day of trading on contracts for the next month to $ 67.25 a barrel on Friday. However, over the week, Brent crude rose 1.7%, while WTI crude rose about 2.3%.
Gold market news
Gold prices are rising today… Spot gold fell 0.2% to $ 1,768.76 on Friday.
Want more free analytics? Open a demo account now to receive daily news and analysis.