{"id":155501,"date":"2019-09-16T07:22:58","date_gmt":"2019-09-16T11:22:58","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=155501"},"modified":"2019-09-16T07:22:58","modified_gmt":"2019-09-16T11:22:58","slug":"dow-notches-eighth-straight-gain","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/dow-notches-eighth-straight-gain\/","title":{"rendered":"Dow notches eighth straight gain"},"content":{"rendered":"
September 16, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening intact despite strong retail sales report<\/h2>\n<\/div>\n<\/div>\n

US stocks <\/b> ended marginally lower on Friday despite strong August retail sales report . The S&P 500<\/a> slipped 0.1% to 3007.39, extending gains 1% for the week. Dow Jones <\/em> industrial however rose 0.2% to 27219.52. The Nasdaq <\/em> slid 0.2%. The dollar weakening continued despite Commerce Department report retail sales grew above expected 4.1% on-year in August. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, lost 0.2% to 98.17 and is lower currently. Stock index futures point to lower openings today.<\/p>\n

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DAX leads European indexes movement<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> added to previous session gains on Friday buoyed by the European Central Bank rate cut and resumption of bond purchases. Both EUR\/USD<\/em> and GBP\/USD <\/em> continued climbing Friday with euro rising currently against the dollar while Pound turning lower. The Stoxx Europe 600 Index gained 0.3% led by bank and mining stocks. The DAX 30 <\/em> rose 0.5% Friday to 12468.53. France\u2019s CAC 40 <\/em> advanced 0.2% and UK\u2019s FTSE 100 <\/a> added 0.3% to 7367.46.<\/p>\n

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Hang Seng leads Asian indexes losses<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly lower today as oil prices rise. Japan\u2019s Nikkei is closed for a holiday as yen advances against the dollar. China\u2019s markets are lower after reports industrial output, retail sales fell short of expectations: the Shanghai Composite Index <\/em> is down 0.02% and Hong Kong\u2019s Hang Seng <\/em> Index is 1.0% lower. Australia\u2019s All Ordinaries Index ticked up 0.06% with the Australian dollar\u2019s climb against the greenback intact.<\/p>\n

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Brent <\/a> soars after drone attacks on Saudi Arabia<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> jumped today after Sunday drone attacks on crude facilities in Saudi Arabia. Prices slipped on Friday: Brent for November settlement ended 0.3% lower at $60.22 a barrel Friday, losing 2.1% for the week.<\/p>\n

\"BRENT<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Dollar weakening intact despite strong retail sales report US stocks ended marginally lower on Friday despite strong August retail sales report . The S&P 500 slipped 0.1% to 3007.39, extending gains 1% for the week. Dow Jones industrial however rose 0.2% to 27219.52. The Nasdaq slid 0.2%. The dollar weakening continued despite Commerce […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-155501","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=155501"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155501\/revisions"}],"predecessor-version":[{"id":155517,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/155501\/revisions\/155517"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=155501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=155501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=155501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}