US PRE MARKET
The US Dollar Index are trading at 95.18 for up with +0.06% percent or +0.06 point. The cac 40 index are trading at 5,243.04 for up with +0.15% percent or +7.73 point . The DAX Index are trading at 12,621.93 for up with +0.08% percent or +9.79 point. The EURO Stoxx 50 Index are trading at 3,525.00 for up with +0.03% percent or +0.94 point.
TODAY’S FACTORS AND EVENTS
The dollar huddled near a 10-month trough on Monday as upbeat Chinese news and the prospect of only gradual policy tightening in the United States sent investors piling into leveraged positions in higher yielding currencies and risky assets.
China’s second-quarter gross domestic product handily topped forecasts with a rise of 6.9 percent on the year, while retail sale and industrial output were both strong.
“It is encouraging for global growth as well because China is the second largest economy on the planet,” said Craig James, chief economist at fund manager CommSec in Sydney.
U.S. market indexes were higher on Friday. For the day the Dow Jones Industrial Average closed at 21,637.74 for up with +0.39% percent or +84.65 point. The S&P 500 closed at 2,459.27 for up with +0.47% percent or +11.44point. The Nasdaq Composite closed at 6,312.47 for up with +0.61% percent or +38.03 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,428.82 for up with +0.22% percent or +3.16 point; the S&P 600 Small-Cap Index closed at 862.70 for up with +0.27% percent or +2.35 point; the S&P 400 Mid-Cap Index closed at 1,765.32 for up with +0.34% percent or +5.94 point; the S&P 100 Index closed at 1,083.13 for up with +0.44% percent or +4.72 point; the Russell 3000 Index closed at 1,456.73 for up with +0.44% percent or +6.37 point; the Russell 1000 Index closed at 1,362.61 for up with +0.46% percent or +6.20 point; and the Dow Jones U.S. Select Dividend Index closed at 21,637.74 for up with +0.39% percent or +84.65 point.