{"id":173068,"date":"2020-07-02T07:41:26","date_gmt":"2020-07-02T11:41:26","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173068"},"modified":"2020-07-02T07:41:26","modified_gmt":"2020-07-02T11:41:26","slug":"global-markets-advance-after-mixed-session-on-wall-street-overnight","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/global-markets-advance-after-mixed-session-on-wall-street-overnight\/","title":{"rendered":"Global markets advance after mixed session on Wall Street overnight"},"content":{"rendered":"
July 2, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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Top daily news<\/h2>\n
Equity markets are trading in risk on mode currently <\/b> with US data expected to show almost four million Americans returned to work in June while the declining trend for new unemployment benefits applications persisted last week. Stock markets traded mixed yesterday in light of rising new coronavirus cases globally.<\/div>\n<\/div>\n<\/div>\n
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Forex news<\/h2>\n
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\n\n\n\n\n\n\n
Currency Pair<\/td>\nChange<\/td>\n<\/tr>\n
EUR USD<\/td>\n-0.48%<\/td>\n<\/tr>\n
GBP USD<\/td>\n+1.94%<\/td>\n<\/tr>\n
USD JPY<\/td>\n-0.04%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
The Dollar weakening is intact today <\/b> ahead of US Labor Department report expected to show 1.3 million Americans likely sought unemployment benefits over the last week. At the same time the non-farm payrolls are expected to rise by about four million in June as many Americans returned to work. 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% Wednesday despite an Institute of Supply Management report its manufacturing purchasing managers index climbed to 52.6 from 43.1 in May. Readings above 50 indicate an expansion in economic activity. EUR\/USD <\/a> reversed its sliding yesterday while GBP\/USD<\/a> continued climbing as German state statistics office reported lower than feared increase in unemployed in May. Both pairs are higher currently. USD\/JPY<\/em> reversed its rising yesterday while AUD\/USD<\/em> continued its climbing with both up currently.<\/div>\n<\/div>\n<\/div>\n
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Stock Market news<\/h2>\n
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\n\n\n\n\n\n\n\n
Indices<\/td>\nChange<\/td>\n<\/tr>\n
Dow Jones Index<\/td>\n+0.93%<\/td>\n<\/tr>\n
GB 100 Index<\/td>\n+0.17%<\/td>\n<\/tr>\n
Nikkei Index<\/td>\n-1.56%<\/td>\n<\/tr>\n
Hang Seng Index<\/td>\n+1.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Futures on three main US stock indexes are advancing today <\/b> after a mixed session on Wednesday. Stock indexes in US ended mixed as minutes from the Fed\u2019s June 9-10 meeting showed policy makers agreed to provide clarity in future communications on when the central bank could move rates away from close to zero currently. The three main US stock indexes recorded returns ranging from -0.3% to 1.0%. Late Wednesday the House passed a bill extending Paycheck Protection Program which had received $670 billion in funding, sending it to President Trump for signature. European stock indexes are extending gains <\/em> currently after an uptick Wednesday despite a warning by German Chancellor Angela Merkel there was a possibility that no deal would be agreed between the European Union and Britain. Asian indexes are higher today <\/em> led by Hong Kong\u2019s Hang Seng <\/em> ahead of a US Senate vote on a House bill that targets police units that have cracked down on Hong Kong protesters as well as Chinese Communist Party officials responsible for imposing a strict \u201cnational security\u201d law on Hong Kong.<\/div>\n<\/div>\n<\/div>\n
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Commodity Market news<\/h2>\n
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\n\n\n\n\n\n
Commodities<\/td>\nChange<\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n+1.95%<\/td>\n<\/tr>\n
WTI Crude<\/td>\n+1.52%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Brent <\/a> is extending gains today. Prices advanced Wednesday after the US Energy Information Administration report that US crude oil inventories fell 7.2 million barrels last week, the largest weekly decline in domestic crude inventories so far this year. The US oil benchmark West Texas Intermediate (WTI) <\/em> futures gained: August WTI <\/em> added 1.4% and is up currently. August Brent <\/em> crude closed 1.8% higher at $42.03 a barrel on Wednesday.<\/div>\n<\/div>\n<\/div>\n
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Gold Market News<\/h2>\n
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Metals<\/td>\nChange<\/td>\n<\/tr>\n
Silver<\/td>\n+0.03%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Gold prices are edging higher <\/b> today. August gold slid 1.1% to $1779.90 an ounce on Wednesday.<\/div>\n<\/div>\n<\/div>\n

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

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 Top daily news Equity markets are trading in risk on mode currently with US data expected to show almost four million Americans returned to work in June while the declining trend for new unemployment benefits applications persisted last week. Stock markets traded mixed yesterday in light of rising new coronavirus cases globally. Forex […]<\/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-173068","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173068","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=173068"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173068\/revisions"}],"predecessor-version":[{"id":173074,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173068\/revisions\/173074"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}