Top daily news

Equity index futures point in different directions currently ahead of US consumer inflation August report after Wall Street ended mostly higher on Monday. Microsoft shares gained 0.43% after reports Microsoft and IT major Infosys have entered into a multi-year strategic engagement with Australia’s Ausgrid which includes strategic cloud transformation, Tesla shares rose 0.9% on Monday outperforming market.

Forex news

Currency Pair Change
EUR USD +0.15%
GBP USD +0.89%
USD JPY -0.01%
AUD USD -0.51%


The Dollar strengthening has halted 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 less than 0.1% on Monday.

GBP/USD reversed its sliding Monday while EUR/USD continued retreating despite federal statistics office Destatis report German whole prices inflation continued accelerating in August. Both Pound and Euro are higher against the Dollar currently. AUD/USD reversed its sliding Monday while USD/JPY continued advancing with both the Australian dollar lower against the Greenback currently while yen is higher.

Stock market news

Indices Change
Dow Jones Index +0.11%
Nikkei Index +0.07%
Hang Seng Index -1.31%
Australian Stock Index +0.22%


Futures on three main US stock indexes are up currently ahead of the Bureau of Labor Statistics consumer inflation data at 14:30 CET today expected to show inflation ticked down in August. The three major Wall Street stock benchmarks ended mixed Monday, recording daily returns in the range of -0.1% to +0.8%.

European stock indexes are down currently after ending higher Monday with oil and gas shares leading gains. Asian indexes are mixed today with Hong Kong’s Heng Seng Index leading losses as China Evergrande Group slumped to lowest prices since 2014 after the real estate developer said it had appointed financial advisers to examine its capital structure.

Commodity market news

Commodities Change
Brent Crude Oil +0.7%
WTI Crude +0.63%


Brent is edging higher currently ahead of data from the American Petroleum Institute later today. Prices closed higher Monday as another storm approaching US coast could affect output in Texas while US output is far from having been restored after Hurricane Ida. US West Texas Intermediate WTI rose 1.1% and is higher currently. November Brent added 0.8% to $73.51 a barrel on Monday.

Gold market news

Metals Change
Gold    -0.18%


Gold prices are edging lower currently. December gold added 0.1% to $1794.40 an ounce on Monday trading as high as $1,800.20 during the session.

Want to get more free analytics? Open Demo Account now to get daily news and analytical materials.

This overview has an informative character and is not financial advice or a recommendation. IFCMarkets. Corp. under any circumstances is not liable for any action taken by someone else after reading this article.

Feed news

Latest Forex Analysis

Latest Forex Analysis

Editors’ Picks

EUR/USD holds above 1.1700 but the upside is limited

The EUR/USD pair flirted with 1.1750 but was unable to retain its modest intraday gains. Now trading in the 1.1720 price zone, bears retain control ahead of the US central bank monetary policy decision.


GBP/USD: Pressure mounts ahead of central banks’ announcements

The Fed and the BoE will make announcements this week. UK public inflation expectations are up for this year and the upcoming ones. GBP/USD is technically bearish in the near term, poised to retest August monthly low.


Gold: Further advances depend on the Fed

A better market mood put pressure on the American currency. The US Federal Reserve will announce its monetary policy decision on Wednesday. Gold advanced for a second day in a row, but additional gains are in doubt.

Gold News

Shiba Inu bulls can't hold SHIB from dropping to $0.000006

Shiba Inu price has fallen -28% over the past four trading sessions. Bears remain in control as bulls fail to complete a breakout above $0.000008. Bulls must hold $0.000007 to prevent a drop towards $0.000006.

Read more

Fed Preview: Three ways in which Powell could down the dollar, and none is the dot-plot

No taper now, but when? That is the main question for the Fed in its all-important September meeting. The bank buys $120B worth of bonds every month and it is set to reduce the pace at some point – the first step toward raising interest rates. 

Read more