Dollar Strengthens With U.S. Futures Before Jobs Data The dollar strengthened and U.S. equity futures climbed before data forecast to show the nation’s jobs market improved. Asian stocks rallied, poised for a second weekly gain, while copper and silver fell. The Dollar Index, which tracks the currency against six major peers, rose 0.9 percent, the most since June 19, as of 8:18 a.m. in London. Standard & Poor’s 500 Index (SPX) futures jumped 1 percent after U.S. markets were closed yesterday for Independence Day. The Stoxx Europe 600 Index was little changed after rising 2.3 percent yesterday. The MSCI Asia Pacific Index added 0.9 percent, taking its weekly gain to 1 percent. Copper futures lost 1.4 percent and silver sank 2.1 percent. Portuguese 10-year bond yields tumbled 37 basis points
Posted on: Fri, 05 Jul 2013 08:04:53 +0000
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