Dollar Edges Higher Ahead of Data Releases
The dollar index inched above 99.3 on Monday, recovering part of last weeks losses as investors prepared for a wave of US economic data releases delayed by the government shutdown to better guide expectations for Federal Reserve policy. The closely watched September jobs report is due Thursday while markets await an updated timetable for other indicators. Meanwhile, key private reports this week include flash S&P PMIs, existing home sales, the NAHB housing index, and the weekly ADP employment aggregate. Several Fed officials have recently voiced doubt about the need for a December rate cut with some rejecting the idea outright. Markets are now assigning about a 46% chance of a 25 bps reduction next month, down sharply from roughly 88% one month earlier. The dollar advanced broadly, with the strongest gains coming against the New Zealand and Australian dollars.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





