Equities mixed after a mixed session

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, lost 0.2% Monday as Fed Vice Chair Richard Clarida said “a low unemployment rate by itself ‘’ or “ pressing financial stability concerns, will not, under our new framework, be a sufficient trigger for policy action.” EUR/USD and GBP/USD continued climbing Monday. Both pairs are higher currently. USD/JPY joined AUD/USD’s continued advancing yesterday with both yen and Australian dollar higher against the greenback currently.

Futures on three main US stock indexes are rising currently ahead of the Institute for Supply Management Manufacturing PMI report at 18:00 CET today. US stocks ended mixed Monday as the SP 500 booked its best August return since 1986 and the Dow – its best return for that month since 1984, while the Nasdaq recorded its strongest August since 2000. European stock indexes are advancing currently after extending losses yesterday. Asian indexes are mixed today with Australia’s All Ordinaries ASX 200 Index leading losses after the Reserve Bank of Australia maintained the official cash rate at a record-low 0.25% but increased the size of its term funding facility to $200 billion Australian dollars (US$147.52 billion) while data showed consumer confidence, household spending and manufacturing activity deteriorated as Victoria, which accounts for around one-quarter of the economy, has been forced back into strict lockdowns.

Brent is edging higher today. Oil prices ended mixed on Monday. The US oil benchmark West Texas Intermediate (WTI) for October delivery rose 0.8% Monday and is up currently. November Brent crude – the new front-month contract lost 1.2% to $45.28 a barrel on Monday.

Gold prices are extending gains today. December gold added 0.2% to $1978.60 an ounce on Monday.