Forex Today: Dollar holds steady ahead of ISM Services PMI data – by eren_fxstreet Currencies Majors Macroeconomics RiskAppetite Commodities
With trading conditions normalizing following the three-day weekend in the US, thestays relatively quiet early Tuesday. The ISM's August Services PMI will be the only high-tier data featured in the US economic docket. Meanwhile, risk flows seem to have returned with major European equity indices trading in positive territory. Moreover, US stock index futures are up between 0.8% and 1.1% while the benchmark 10-year US Treasury bond yield gains more than 1%.
Earlier in the day, Germany's Destatis reported that Factory Orders contracted by 13.6% on a yearly basis in July, compared to the market expectation for a decrease of 6.1%. On energy-related news, Gazprom's Deputy CEO Vitaly Markelov stated on Tuesday that Nord Stream 1 pipeline will not be launched until Siemens Energy replaces the faulty equipment. Over the weekend, Siemens said it had not been asked to do the job and reiterated that sanctions would not prohibit maintenance.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Asian Stock Market: Mix sentiment prevails on volatile DXY, oil fails to sustain above $90.00Markets in the Asian domain are displaying a mixed performance as the US dollar index (DXY) has turned volatile ahead of the US ISM Services PMI data.
Leer más »
GBP/USD advances towards 1.1600 on novel UK Leadership, US ISM Services PMI eyedThe GBP/USD pair has given an upside break of the consolidation formed in a narrow range of 1.1512-1.1520 in the early Tokyo session. The asset has di
Leer más »
Gold Price Forecast: XAU/USD stays defensive above $1,700, US ISM Services PMI, full markets eyedGold Price Forecast: XAU/USD stays defensive above $1,700, US ISM Services PMI, full markets eyed – by anilpanchal7 Gold XAUUSD RiskAppetite Recession Fed
Leer más »
USD/INR Price News: Advances towards 80.00 amid upbeat DXY, US ISM Services PMI eyedThe USD/INR pair is attempting to cross the prior balanced area that is placed in a narrow range of 79.68-79.97 amid a firmer US dollar index (DXY). T
Leer más »
Forex Today: US Dollar Index Reaches New High on Euro EnergyForex Today: US Dollar Index Reaches New High on Euro Energy USD Forextrading news Finance Markets
Leer más »