Dollar Index Update on 13 July 2017

US PRE MARKET

The US Dollar Index are trading at 95.85 for up with  +0.09% percent or +0.07 point . The cac 40 index are trading at 5,250.06 for up with  +0.53% percent or +27.47 point . The DAX Index are trading at 12,634.91 for up with +0.07% percent or +8.33 point. The EURO Stoxx 50 Index are trading at  3,529.77 for up with +0.41% percent or +15.03 point.

TODAY’S FACTORS AND EVENTS

U.S. government debt prices were higher on thursday morning as investors responded to Federal Reserve Chair Janet Yellen’s address to Congress and looked ahead to her second day of talks. On Wednesday, Yellen struck an optimistic tone, saying that the U.S. economy was healthy enough for further rate hikes and the winding down of its bond portfolio. She hinted that these hikes could be more gradual, however, as she cautioned that inflation still remains stubbornly low.

The speech could be one of Yellen’s last to Congress. The Trump administration is set to decide whether or not it will nominate Yellen for a second term.

Meanwhile, the Bank of Canada raised interest rates for the first time in nearly seven years on Wednesday, saying the economy no longer needed as much stimulus.

PREVIOUS DAY ACTIVITY

U.S. market indexes were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 21,532.14 for up with 0.57% percent or +123.07 point. The S&P 500 closed at 2,443.25 for up with +0.73% percent or +17.72 point. The Nasdaq Composite closed at 6,261.17 for up with +1.10% percent or +67.87 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,424.32 for up with +0.80% percent or +11.27 point; the S&P 600 Small-Cap Index closed at 857.94 for up with +0.77% percent or +6.59 point; the S&P 400 Mid-Cap Index closed at 1,757.34 for up with +0.69% percent or +1.99 point; the S&P 100 Index closed at 1,075.97 for up with  +0.67% percent or +7.16 point; the Russell 3000 Index closed at 1,447.81 for up with  +0.74% percent or 10.57 point; the Russell 1000 Index closed at 1,353.93 for up with  +0.73% percent or +9.81 point; and the Dow Jones U.S. Select Dividend Index closed at 21,532.14 for up with +0.57% percent or +123.07 point.

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