Stocks rise as Wall Street advance continues - 30.6.2021

The Dollar strengthening has paused 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, added 0.2% Tuesday as the Conference Board reported the US consumer confidence surged in June to its highest level since the start of the pandemic.

Both GBP/USD and EUR/USD accelerated their sliding yesterday despite Eurostat report euro-zone economic sentiment rallied to a 21-year high in June as loosening restrictions boosted optimism. Both pairs are lower currently. AUD/USD and USD/JPY continued sliding yesterday with the dynamics intact for both pairs currently.

Futures on three main US stock indexes are up currently ahead of the Automatic Data Processing Inc report on non-farm employment change at 14:15 CET today. Stock indexes in US added to recent records Tuesday with Nasdaq Composite and SP500 ending at record highs as Supreme Court left Center for Disease Control’s nationwide eviction moratorium in place before it expires in a month: the three main US stock indexes posted gains ranging from 0.03% to 0.19%.

European stock indexes are edging lower currently after a mixed session on Tuesday with chemicals shares leading the gains. Asian indexes are mixed today with Hong Kong’s Hang Seng index leading losses while data showed activity in China's services sector grew at a slower pace in June.