With the greenback being knocked down from the high position once again there is a lot of thoughts about what turns are going to be taken by the markets now. Asian indices are falling down today with no relieve in sight for the segment of the market. Europe is growing in the meantime.
Hang Seng declined 0.6 percent.
Shanghai Composite dropped down by 0.9 percent.
S&P 500 futures grew by 0.3 percent while the index itself lost 0.8 percent.
MSCI Emerging Market lost 0.3 percent which indicated the loss of the index since the beginning of 2018 to almost 20 percent.
MSCI Asia Pacific lost 0.5 percent and is now at the lowest in almost a year.
Stoxx Europe 600 rose 0.3 percent.
UK’s FTSE 100 grew by 0.6 percent.
DAX from Germany increased by 0.4 percent.
Equities are not feeling the dollar pushing on them and that is why where dollar falls hard other currencies are striving.
Greenback as was previously stated lost 0.3 percent against the six major peers which is the largest loss for the currency in almost three weeks.
Euro grew by 0.4 percent - $1.1385.
Pound went up by 0.2 percent - $1.2719 – good advance for the strong currency that found itself on the low points.
Commodities also don’t look as sad as they did yesterday.
WTI oil gained 0.02 percent - $65.02 per barrel.
Brent crude is up by 0.08 percent - $70.82.
Natural gas lost 0.14 percent - $2.94 per MMBtu.
Gold is up by 0.28 percent - $1.188.30 per ounce.
Silver follows gold in its path and gains 1.25 percent per ounce - $14.64.
Corn advances 0.86 percent - $379.25 per bushel.
Bushel of wheat gains 1.13 percent - $558.