The pound is climbing
Advertisement
The British pound is up.
Advertisement
The currency is stronger by 0.4% at 1.3136 against the dollar as of 7:42 a.m. ET.
Earlier, data showed that nationwide home prices rose 0.6% month-over-month in August, suggesting that they have yet to show any impact from the June Brexit vote.
As for the rest of the world, here's the scoreboard as of 7:46 a.m. ET:
- The Japanese yen is down 0.3% at 103.28 per dollar. Separately, Japan is thinking of dropping its tax breaks for men with wives to encourage women to work.
- The euro is little changed at 1.1136 against dollar after data from Eurostat showed that consumer prices in the eurozone rose 0.2% year-over-year in August, below the 0.3% forecast.
- The US dollar index is little changed at 96.09 ahead of several data points. ADP Employment will be released at 8:15 a.m. ET, and Chicago PMI will cross the wires at 9:45 a.m. ET. Then, at 10 a.m. ET, pending home sales are due out.
- The Canadian dollar is little changed at 1.3100 per dollar ahead of Canadian GDP data, which crosses the wires at 8:30 a.m. ET. Separately, Canada will reportedly apply to join the China-backed Asian Infrastructure Investment Bank (AIIB). Japan and the US are the two major economies not represented at the bank.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member