Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
US stock futures off worst levels following higher GDP revision- check out the S+P 500 now
The reaction across the markets to the much better than forecast US GDP revision has helped to lift US stock futures. As just noted, the USD/JPY liked that data too and gold has fallen back again on the news. The USD/JPY has now risen even more and that has sent the EUR/USD and GBP/USD a little lower, although not by much because both the EUR/JPY and GBP/JPY are rising with the USD/JPY. The outlook for the US stock markets is a little brighter though, but not dramatically so yet. The S+P 500 index was pricing an opening close to 5,415 ahead of this data. It is right now pricing it at around 5,430
Market News
All News-
US data releases on the agenda this afternoon- check out the Dow Jones futures this morning
There are a few reasonably important US data releases due out this afternoon. Those mostly fall due at 2pm GMT and they are the latest nationwide... -
US Treasury yields are higher but the USD/JPY is lower- why is that?
Since an earlier update here today the USD/JPY has fallen back and right now it is dropping below 150.25. At the same time US treasury yields are... -
GBP/USD holds 1.29 and rebounds as dollar slips
The dollar has lost a bit more traction since earlier this morning and that comes amid further gains here across the European equity markets. The DAX...
