US PRE MARKET
The US Dollar Index are trading at 93.53 for up with +0.48% percent or +0.42 point. The cac 40 index are trading at 5,111.54 for up with +0.47% percent or +23.96 point . The DAX Index are trading at 12,146.26 for up with +0.67% percent or +80.27 point. The EURO Stoxx 50 Index are trading at 3,439.69 for up with +0.47% percent or +16.16 point.
TODAY’S FACTORS AND EVENTS
The euro slipped against a broadly stronger dollar on Tuesday, amid expectations that the monetary policy message emerging from the ECB at a central bank conference this week will be a cautious one.
Friday’s speech by European Central Bank President Mario Draghi is among the set-piece events at the Jackson Hole symposium, where remarks by his Federal Reserve counterpart Janet Yellen on the same day will be the main focus.
“The euro has become slightly vulnerable after the recent rise and unless Draghi comes out and says anything significant, we expect the currency to remain under pressure,” said Piotr Matys, an FX strategist at Rabobank in London.
PREVIOUS DAY ACTIVITY
U.S. market were mixed on Monday. For the day the Dow Jones Industrial Average closed at 21,703.75 for up with +0.13% percent or +29.24 point. The S&P 500 closed at 2,428.37 for up with +0.12% percent or +2.82 point. The Nasdaq Composite closed at 6,213.13 with a loss of –0.05% percent or –3.40 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,356.90 with a loss of -0.07% percent or -0.89 point; the S&P 600 Small-Cap Index closed at 817.25 with a loss of –0.14% percent or –1.13 point; the S&P 400 Mid-Cap Index closed at 1,691.67 with a loss of –0.04% percent or –0.63 point; the S&P 100 Index closed at 1,074.72 for up with +0.11% percent or +1.20 point; the Russell 3000 Index closed at 1,432.90 for up with +0.10% percent or +1.38 point; the Russell 1000 Index closed at 1,344.15 for up with +0.11% percent or +1.47 point; and the Dow Jones U.S. Select Dividend Index closed at 21,703.75 for up with +0.13% percent or +29.24 point.