Global equities mixed after Wall Street ends mixed - 2.9.2021

The Dollar weakening is intact currently ahead of the US Labor Department report at 14:30 CET expected to show 342 thousand Americans sought unemployment benefits over the last week, down from 353 thousand the previous week. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slid 0.2% Wednesday.

Both EUR/USD and GBP/USD accelerated their climbing on Wednesday after the  European Central Bank report consumer prices increased by 3% over year in August in euro zone, far above expectations and the European Central Bank’s 2% target. Both pairs are higher currently. Both USD/JPY and AUD/USD continued rising on Wednesday with the yen lower against the Greenback currently and Australian dollar higher still.

The US stock index futures are up currently ahead of Census Bureau’s US factory orders report at 16:00 CET today, with the 10-year US Treasuries note yields down at 1.304%. The three main US stock indexes booked returns Wednesday ranging from -0.14% to 0.33% as the Institute for Supply Management's manufacturing index continued to grow, indicating a solid growth in US manufacturing sector in August.

European stock indexes are mixed currently after ending mixed Wednesday with retail shares leading gains. Asian stock indexes are mixed today with Shanghai Composite leading gains as the People's Bank of China set the midpoint rate of yuan at 6.4594 per dollar prior to the market open, the strongest since June 29 and firmer than the previous fix.