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Yesterday all the major US stock markets rose to new 2023 highs and later posted their highest daily closes of the year. The leader in percentage terms was the Nasdaq 100, with a 0.82% rise on the day, followed by the Dow Jones (+0.48%) and the S+P 500 (+0.46%). The Nasdaq 100 reached a new high for 2023, at 16,354 and closed right on that high too. As noted here earlier in the day, the higher US close contrasted quite markedly with the rather lame finish to the European session. There will be more to add on that later this morning. So far today the Asian markets are mixed, with gains in Japan being offset by losses in China and Hong Kong, but that has not dented the US futures, all of which are still seemingly gunning for more gains later today. The Nasdaq 100 future is currently close to session highs and right now pricing the reopening at around 16,385
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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