US PRE MARKET
The US Dollar Index are trading at 89.53 with a loss of -0.11% percent or -0.10 point. The cac 40 index are trading at 5,296.07 with a loss of -0.22% percent or -11.49 point . The DAX Index are trading at 12,369.98 with a loss of -0.22% percent or -27.34 point. The EURO Stoxx 50 Index are trading at 3,432.56 with a loss of -0.18% percent or -6.22 point.
TODAY’S FACTORS AND EVENTS
The dollar languished near two-weeks low against a basket of currencies on Wednesday as trade war fears faded and markets awaited key U.S. inflation data to set the greenback’s near-term direction.
The dollar index versus a basket of six major peers was down 0.1 percent at 89.472, trading within sight of a low of 89.251 set on March 28.
Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars.
PREVIOUS DAY ACTIVITY
U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,408.00 for up with +1.79% percent or +428.90 point. The S&P 500 closed at 2,656.87 for up with +1.67% percent or +43.71 point. The Nasdaq Composite closed at 7,094.30 for up with +2.07% percent or +143.96 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,543.43 for up with +1.91% percent or +28.97 point; the S&P 600 Small-Cap Index closed at 949.63 for up with +1.91% percent or+17.80 point; the S&P 400 Mid-Cap Index closed at 1,884.57 for up with +1.62% percent or +30.04 point; the S&P 100 Index closed at 1,168.14 for up with +1.75% percent or +20.11 point; the Russell 3000 Index closed at 1,574.67 for up with +1.69% percent or + 26.16 point; the Russell 1000 Index closed at 1,472.98 for up with +1.67% percent or +24.21 point; and the Dow Jones U.S. Select Dividend Index closed at 24,408.00 for up with +1.79% percent or +428.90 point.