Top daily news

Stock futures are mostly up currently following a bullish session on Friday as Dow and SP500 again ended at records. Bitcoin pared most of its losses after plunging as much as 14% on Sunday following reports the US Treasury may be planning to crack down on money-laundering activity within digital assets.

Forex news

Currency Pair Change
EUR USD -0.09%
GBP USD +0.25%
USD JPY -0.38%
AUD USD -0.03%

 

The Dollar weakening 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 0.1% on Friday as the University of Michigan reported Consumer Sentiment index rose to 86.5 for April from 84.9 the previous month when an increase to 88.9 was expected.

EUR/USD reversed its sliding Friday while GBP/USD’s reversed its climbing as Eurostat reported the trade surplus in single currency area fell to 18.4 billion euro from 24.4 billion in January, when a decline to 21.9 billion was forecast. Euro is lower against the Dollar currently while Pound is higher. USD/JPY reversed its sliding Friday while AUD/USD reversed its climbing with yen higher against the Greenback currently while Australian dollar is lower.

Stock market news

Indices Change
Dow Jones Index +0.44%
GB 100 Index -0.33%
Nikkei Index +0.01%
Hang Seng Index +0.61%

 

Futures on US equity benchmarks are mixed currently after SP 500 and Dow posted their fourth consecutive weekly gains Friday. Risk on sentiment got a boost last session from strong housing data showing homebuilding rebounded sharply last month. Earnings session continues with IBM and Coca-Cola slated to report quarterly results later in the day. The three main US stock benchmarks recorded gains ranging from 0.1% to 0.5% Friday.

European stock indexes are mixed currently after ending higher on Friday led by auto shares boosted by strong earnings report from Daimler. Asian indexes are advancing today with Shanghai Composite leading gains while Nikkei index ended essentially unchanged as Japan exports rose in March as global demand grew.

Commodity market news

Commodities Change
Brent Crude Oil -0.37%
WTI Crude -0.18%

 

Brent is edging lower currently. Prices retreated on Friday as US drillers increased the number of oil rigs by seven to 344 last week, according to energy services firm Baker Hughes. The US oil benchmark West Texas Intermediate (WTI) futures declined 0.5% and is lower currently. June Brent crude lost 0.3% to $66.77 a barrel on Friday.

Gold market news

Metals Change
Gold +0.36%

 

Gold prices are edging higher today. June gold gained 0.8% settling at $1780.20 on Friday, booking nearly 2% gain for the week, best weekly gain of the year.


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.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD consolidates weekly gains above 1.1150

EUR/USD consolidates weekly gains above 1.1150

EUR/USD moves up and down in a narrow channel slightly above 1.1150 on Friday. In the absence of high-tier macroeconomic data releases, comments from central bank officials and the risk mood could drive the pair's action heading into the weekend.

EUR/USD News
GBP/USD stabilizes near 1.3300, looks to post strong weekly gains

GBP/USD stabilizes near 1.3300, looks to post strong weekly gains

GBP/USD trades modestly higher on the day near 1.3300, supported by the upbeat UK Retail Sales data for August. The pair remains on track to end the week, which featured Fed and BoE policy decisions, with strong gains. 

GBP/USD News
Gold extends rally to new record-high above $2,610

Gold extends rally to new record-high above $2,610

Gold (XAU/USD) preserves its bullish momentum and trades at a new all-time high above $2,610 on Friday. Heightened expectations that global central banks will follow the Fed in easing policy and slashing rates lift XAU/USD.

Gold News
Pepe price forecast: Eyes for 30% rally

Pepe price forecast: Eyes for 30% rally

Pepe’s price broke and closed above the descending trendline on Thursday, eyeing for a rally. On-chain data hints at a bullish move as PEPE’s dormant wallets are active, and the long-to-short ratio is above one.

Read more
Bank of Japan set to keep rates on hold after July’s hike shocked markets

Bank of Japan set to keep rates on hold after July’s hike shocked markets

The Bank of Japan is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following the conclusion of its two-day monetary policy review. The decision is set to be announced during the early Asian session. 

Read more
Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

Read More

Majors

Cryptocurrencies

Signatures