EQUITY WORLD-The US dollar strengthened in the first full trading day in 2017, as interest rates rise speculation of reference on this year. The U.S. dollar index, which tracks the movement of the greenback against other major currencies, closed strengthened 0.59% or 0.60 points to 102.81.
United States dollars-between the “Rally of the dollar still looks and still will be strengthened along with the speculation of rising interest rates this year, coupled with the strong economic data,” said James Audiss from Shaw and Partners Ltd, Bloomberg was quoted as saying.
“Trading Volume may be thin this week and it can suppress volatility,” he said.
Against the euro, the U.S. dollar strengthens in thin 0.02% to US $1,0457 per euro, while the dollar weakened against the yen Japan 0.21% to as low as 117.30 yen per us dollar.
EQUITY WORLD : Most of the stock market close on Monday, including Wall Street and the stock exchange Italy.
However, European stock exchanges rose following the economic data that was better than expected.
Since 2000, the average gain has been 1.03% and it’s been 1.00% over the past 30 years. Last year the rule proved true with a 0.99% gain that was the start of a third consecutive year of gains for the dollar.
MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early trade as most regional markets reopened after the New Year holiday. It ended 2016 with a 3.7 per cent gain, its best year in four.
Australian shares, however, were off to a robust start, jumping almost 1 percent, while South Korea added 0.2 per cent.