Welcome to the Daily Market News.
Big Market mover of the day: The US Dollar gaining ground across the forex world highlighted by EURUSD breaking to fresh 2019 lows.
Asia: NIKKEI -0.27%, SHCOMP +0.09%, HANG SENG -0.53%, ASX 200 +0.99%, KOSPI -0.88%
Europe: DAX +0.63%, FTSE -0.68%, CAC -0.28% EUROSTOXX -0.09%
US: DJIA -0.17%, S&P 500 -0.13%, NASDAQ -0.08%, RUSSELL 2000 +0.27% VIX, +3.26%
Energy: OIL -0.77%, BRENT +0.01%, NAT GAS +0.41%
US markets took a rest today after the record closes for S&P500 and NASDAQ on 4.23.2019. We look at the strength in the US Dollar today. Highlighting the US Dollar strength we see EURUSD to fresh 2019 lows and projecting further declines. Also look for further weakness in AUDUSD for a sustained break of 0.7000. We see another flow of quarterly earning tomorrow. The US corporate earnings of interest tomorrow include UPS (UPS) before the market opens. After the close we see Amazon (AMZN), Ford (F), Grubhub (GRUB), and Starbucks (SBUX) release their quarterly results. This has been the busiest week of earnings season. The Economic calendar is highlighted by the US Durable Goods data set for release at 12:30 GMT.
