Global stocks advance resumes

The Dollar strengthening has halted 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, rose 0.1% Friday despite Bureau of Labor Statistics report US economy created 661,000 new jobs in September, when creation of 900,000 new jobs were expected. EUR/USD reversed its climbing Friday while GBP/USD moved higher as euro-zone consumer prices deflation accelerated in September. Euro is higher currently while Pound is lower against the dollar. AUD/USD and USD/JPY reversed their climbing Friday with the dynamics reversed for both currently.

Futures on US equity benchmarks are up currently ahead of ISM Non-Manufacturing PMI report at 18:00 CET today. The three main US stock indexes recorded weekly gains ranging from 1.5% to 1.9% on Friday. European stock indexes are rebounding currently after a bearish session Friday led by chemical shares as data showed international tourist arrivals to Spain fell 76% over year in August. Asian indexes are rising today led by Australia’s All Ordinaries ASX 200 Index on strong retail sales report with mainland China’s markets closed for a weeklong holiday.

Brent is edging higher today. Oil prices ended down last session. The US oil benchmark West Texas Intermediate (WTI) futures are higher currently after November WTI dropped 4.3% Friday. December Brent crude lost 4.1% to $39.27 a barrel on Friday.

Gold prices are extending losses today. December gold fell 0.5% to $1907.60 an ounce on Friday.