The US dollar is climbing
Advertisement
Markets Insider
Advertisement
The US dollar index is up by 0.6% at 101.53 as of 8:16 a.m. ET.
Federal Reserve Bank of Philadelphia President Patrick Harker said on Friday in an interview with Market News International, "I would not take March off the table at this point. We'll have to see how it plays out in the next few weeks."
Separately, Markit manufacturing and services data will be out at 9:45 a.m. ET.
As for the rest of the world, here's the scoreboard as of 8:18 a.m. ET:
Advertisement
- The euro is down by 0.7% at 1.0536 against the dollar despite a slew of strong PMI data. Markit's composite purchasing manager's index for the eurzone came in at 56.0 in February, above expectations of 54.3. Meanwhile, German manufacturing came in at 57.0 and French services clocked in at 56.7. "We are running out of superlatives to describe the German economy, at least in so far as goes the incredible rise in the PMIs," Samuel Tombs of Pantheon Macroeconomics wrote on Tuesday.
- The Japanese yen is down by 0.5% at 113.70 per dollar. Meanwhile, Japanese manufacturing hasn't looked this good in years: the Nikkei-IHS Markit "flash" manufacturing purchasing managers index (PMI) rose to 53.5 in February, above the 52.7 level of January and the highest level since March 2014.
- The British pound is down by 0.4% at 1.2413 against the dollar.
- The Russian ruble is up by 0.3% at 57.7680 per dollar, while Brent crude oil, the international benchmark, is up by 1.4% at $56.97 per barrel.
Advertisement
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- 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