Stocks mixed ahead of US jobs June report - 2.7.2021

The Dollar strengthening continues currently . 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, gained 0.2% Thursday after US Labor Department report 364 thousand Americans sought unemployment benefits over the last week, down from 415 thousand the previous week.

Both GBP/USD and EUR/USD continued their sliding Thursday despite Markit’s report euro-zone manufacturing activity grew at its fastest pace on record in June. The dynamics is intact for both pairs currently. USD/JPY continued its rising while AUD/USD accelerated its sliding yesterday with both yen and Australian dollar lower against the Greenback currently.

Futures on three main US stock indexes are mixed currently ahead of US jobs report and trade balance data at 14:30 CET today. The three main US stock benchmarks recorded daily gains in the range of 0.1% to 0.5% Thursday as new applications for unemployment benefits fell last week to 364,000, the lowest since March 14 last year.

European stock indexes are lower currently after closing up Thursday with oil and gas shares leading gains. Asian indexes are mixed today with Hang Seng leading losses after Chinese President Xi Jinping on Thursday pledged a “complete reunification” with Taiwan.