Dollar Index Update on 01 February 2018

US PRE MARKET

The US Dollar Index are trading at 88.99  with a loss of -0.13% percent or -0.12 point. The cac 40 index are trading at 5,510.56 for up with +0.52% percent or +28.64 point . The DAX Index are trading at 13,245.12  for up with +0.42% percent or  +55.64  point. The EURO Stoxx 50 Index are trading at 3,622.66 for up with +0.37% percent or  +13.37 point.

TODAY’S FACTORS AND EVENTS

The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about inflation and growth in the world’s biggest economy, with traders now waiting on a host of indicators including non-farm payrolls for further catalysts.

The Fed kept interest rates unchanged on Wednesday but said inflation is likely to rise this year, bolstering expectations borrowing costs will continue to climb under incoming central bank chief Jerome Powell.

“The Fed’s message was a little hawkish, but dollar reaction was limited as such a stance did not come as too much of a surprise,” said Shin Kadota, senior strategist at Barclays in Tokyo.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 26,149.39 for up with +0.28% percent or +72.50 point. The S&P 500 closed at 2,823.81 for up with +0.05% percent or  +1.38 point. The Nasdaq Composite closed at 7,411.48 for up with +0.12% percent or +9.00 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,574.98  with a loss of –0.49% percent or -7.83  point; the S&P 600 Small-Cap Index closed at 959.39   with a loss of -0.54%  percent or -5.22  point; the S&P 400 Mid-Cap Index closed at 1,953.97 with  a loss of -0.18% percent or -3.49 point; the S&P 100 Index closed at 1,251.42  with  a loss of -0.04% percent or -0.51 point; the Russell 3000 Index closed at 1,664.68   with  0.00% percent or  -0.07 point; the Russell 1000 Index closed at 1,561.66 for up  with +0.04% percent or  -+0.55 point; and the Dow Jones U.S. Select Dividend Index closed at 26,149.39  for up with   +0.28% percent or  +72.50  point.

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