US PRE MARKET
The US Dollar Index are trading at 91.79 with a loss of -0.11% percent or -0.10 point. The cac 40 index are trading at 5,208.29 with a loss of –0.01% percent or –0.72 point . The DAX Index are trading at 12,526.79 for up with +0.02% percent or +2.02 point. The EURO Stoxx 50 Index are trading at 3,515.82 for up with +0.09% percent or +3.26 point.
TODAY’S FACTORS AND EVENTS
The dollar steadied on Wednesday, with investors expecting another quiet day for the currency ahead of key inflation data due on Thursday that will be closely watched by the U.S. Federal Reserve as it considers when to raise interest rates.
With most currencies trading in narrow ranges, Britain’s pound was in focus, hitting a one-year high above $1.33 and a six-week high on a trade-weighted basis.
Sterling was building on a move higher the previous day on the back of strong UK inflation data, which drove expectations that the Bank of England would not wait too long before raising interest rates.
PREVIOUS DAY ACTIVITY
U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 22,118.86 for up with +0.28% percent or 61.49 point. The S&P 500 closed at 2,496.48 for up with +0.34% percent or +8.37 point. The Nasdaq Composite closed at 6,454.28 for up with +0.34% percent or +22.02 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,423.46 for up with +0.61% percent or +8.64 point; the S&P 600 Small-Cap Index closed at 853.91 for up with +0.73% percent or +6.18 point; the S&P 400 Mid-Cap Index closed at 1,751.25 for up with +0.70% percent or +12.23 point; the S&P 100 Index closed at 1,103.03 for up with +0.41% percent or +4.49 point; the Russell 3000 Index closed at 1,476.68 for up with +0.37% percent or +5.49 point; the Russell 1000 Index closed at 1,383.25 for up with +0.35% percent or +4.88 point; and the Dow Jones U.S. Select Dividend Index closed at 22,118.86 for up with +0.28% percent or +61.49 point.