Markets track Wall Street higher ahead of earnings - 13.7.2021

The Dollar strengthening continues 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 0.14% on Monday.

Both GBP/USD and EUR/USD reversed their climbing Monday despite federal statistics office Destatis report the selling prices in wholesale trade rose by 10.7% in Germany in June compared with June 2020, the highest annual rate of change since October 1981. Both are little changed currently. USD/JPY continued climbing Monday while AUD/USD reversed its advancing with Australian dollar higher against the Greenback currently while yen is lower still.

Futures on three main US stock indexes are mixed currently ahead of the Bureau of Labor Statistics inflation data at 14:30 CET today while US 10-year Treasury yields inched up to 1.371% currently. All three major Wall Street stock benchmarks ended at fresh records yesterday ahead of Goldman Sachs and JPMorgan quarterly reports today. The three main stock benchmarks recorded gains in the range of 0.2% to 0.36% Monday.

European stock indexes are mixed currently after ending higher Monday with financial services and utilities shares leading the gains. Asian indexes are mostly higher today with Hong Kong’s Heng Seng Index leading gains as China's June exports growth beat expectations as easing global lockdowns boosted demand.