Breaking News

Dollar touches new highs, Wall Street extend losses.

News Date: 10/11/2015 09:45:22
The Dollar index touched a fresh 7-month high at 99.48, gaining 0.40% for the day. It rose 0.57% against Euro to 1.0690. It gained 0.02% against Sterling to 1.5111. It rose 0.12% against Yen to 123.31.

Italian industrial production for September rose 0.2% m\m, less than the 0.5% growth expected. The result didn't help Euro, with its index down half a percent to 86.27. It lost 0.52% against Sterling to 0.7076. It fell 0.44% against Yen to 131.85.

European stocks posted mixed results, with the pan-European index FTSEurofirst up 0.16%. Britain's FTSE index lost 22 points, or 0.36% to 6,272. Germany's DAX index rose 28 points, or 0.26% to 10,845. France's CAC rose 0.03%, or 1.3 points to 4,911.

Wall Street extended its losses, with Dow Jones down 25 points, or 0.15% to 17,705. NASDAQ fell 26 points, or 0.51% to 5,069. S&P 500 lost 0.06% to 2,077.

Oil prices reversed course downward as a result of the strengthening dollar, with Brent futures for December off by 4 cents, or 0.06% to $47.89 a barrel. U.S. crude futures fell a similar 4 cents, or 0.09% to  $43.80 a barrel.  

Canadian dollar gave up earlier gains in tandem with oil, losing 0.01% to C$1.3288. Australian dollar lost 0.40% to $0.7020.

Gold futures fell $2.80, or 0.26% to $1,085.20 an ounce. Silver futures lost 12 cents, or 0.85% to $14.29.

Latest news

Corona virus infection in the United States of America reached its maximum, reaching two million, 840 thousand and 906 cases, according to the Centers for Disease Control yesterday, after it recorded
07-2020 06 00:36:17

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

Beginning with the latest developments in commodities, the gold futures contracts started this morning with a rise of 0.70%, to be traded at 1784.56 dollars an ounce, after opening at 1771.61 dollar
07-2020 01 03:47:05

Oil prices continued to lose their losses after the recovery in demand decreased, due to the high number of injuries they suffer, and Brent crude fell by the same percentage 2%, which in turn pays to
06-2020 29 05:49:33

The US dollar concluded its research for the week, sticking to its gains, which means that the demand remains on the latter, and this is due to it being a safe haven in light of fears and concerns ab
06-2020 26 06:34:32

More News