Categories: Market Overview

U.S. Futures, Europe Stocks Climb; Dollar Weakens

U.S. equity futures climbed with European stocks on signs of strength in the housing market. A dollar gauge slid to the lowest since 2018. Treasuries edged higher and gold climbed back above $2,000 an ounce. Iron ore futures rallied to highest since 2014. Investors will get further hints on the state of the U.S. housing market when July housing starts data is published later on Tuesday.

Stocks

Futures on the S&P 500 Index increased 0.2% as of 7:03 a.m. New York time.The Stoxx Europe 600 Index rose 0.5%.The MSCI Asia Pacific Index gained 0.4%.The MSCI Emerging Market Index climbed 0.2%.

Currencies

The Bloomberg Dollar Spot Index fell 0.3%.The euro increased 0.3% to $1.1901.The British pound gained 0.5% to $1.3162.The onshore yuan strengthened 0.1% to 6.922 per dollar.The Japanese yen strengthened 0.4% to 105.54 per dollar.

Bonds

The yield on 10-year Treasuries sank one basis point to 0.68%.The yield on two-year Treasuries was unchanged at 0.15%.Germany’s 10-year yield declined one basis point to -0.46%.Britain’s 10-year yield was unchanged at 0.216%.Japan’s 10-year yield fell one basis point to 0.039%.

Commodities

West Texas Intermediate crude dipped 0.4% to $42.71 a barrel.Brent crude decreased 0.2% to $45.26 a barrel.Gold strengthened 1.1% to $2,006.79 an ounce.

U.S. Futures, Europe Stocks Climb; Dollar Weakens, Bloomberg, Aug 18

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team

Recent Posts

Nasdaq 100 Wave Analysis 23 December 2024

- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…

1 day ago

USDJPY Wave Analysis 23 December 2024

- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…

1 day ago

US indices: has the bullish trend broken?

The recent declines in US indices may have broken the bullish trend, indicated by technical…

2 days ago

Dollar: Slowing Momentum, Same Direction

The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…

2 days ago

Bitcoin Fell Back to Local Support

Bitcoin finds support near the 50-day moving average, but further declines in the stock market…

2 days ago

EURCHF Wave Analysis 20 December 2024

- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…

5 days ago

This website uses cookies