No single trend in global equities after fresh SP500 record - 28.6.2021

The Dollar weakening is intact 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, slipped 0.05% on Friday after Bureau of Economic Analysis report core Personal Consumption Expenditures (PCE) rose 0.5% on month in May after 0.7% increase in April when an 0.6% increase was forecast.

GBP/USD continued sliding Friday while EUR/USD continued climbing as GfK reported its Consumer Climate index for Germany slowed its deterioration in June. Both pairs are higher currently. USD/JPY continued retreating Friday while AUD/USD extended gains with both yen and the Australian dollar higher against the Greenback currently.

Futures on US equity benchmarks are up currently after ending mixed on Friday as data showed consumer spending was basically flat in May, missing forecasts, while personal income declined by a less than expected 2%. The three main US stock benchmarks recorded daily returns ranging from -0.1% to +0.7% Friday.

European stock indexes are mixed currently after ending mixed on Friday . Asian indexes are mostly falling today with Hang Seng Index leading losses currently while data over the weekend showed profit growth at China’s industrial firms slowed again in May.