Stocks fall despite Wall Street record closings - 17.8.2021

The Dollar strengthening is intact 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, added 0.1% on Monday as Boston Federal Reserve Bank President Eric Rosengren said that one more month of strong job gains could satisfy the US central bank's requirements for beginning to reduce its monthly asset purchases.

GBP/USD reversed its climbing Monday while EUR/USD ended little changed. Both euro and Pound are down against the Dollar currently. AUD/USD joined USD/JPY’s continued sliding Monday with both the yen and Australian dollar lower against the Greenback currently after minutes from Australia's central bank August meeting showed policy makers were prepared to take action should coronavirus lockdowns across the country threaten a deeper economic setback. 

Futures on three main US stock indexes are down currently as 10-year US Treasury yields dipped to 1.248%. The three major Wall Street stock benchmarks ended mixed Monday recording daily returns in the range of -0.2% to +0.3% Monday.

European stock indexes are down currently ahead of second estimate of euro-zone GDP due at 11:00 CET after ending lower Monday with retail shares leading losses. Asian indexes are mostly in red today with Shanghai Composite leading losses after weak retail sales, industrial production and urban investment data previous day pointed to economic slowdown in China in July.