in the red, under the strong dollar



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The New York Stock Exchange should open lower Thursday morning, the strengthening of the dollar weighing again on the trend.

Half an hour before the opening, futures contracts on the S & P 500 and Nasdaq 100 index lose between 0.3% and 0.4%, announcing an opening in negative territory.

The dollar is still gaining ground against its European counterpart, the greenback having this time reached the significant threshold of 1.16 against the euro

In the latest edition of its Beige Book, published yesterday, the US Federal Reserve says it is worried about the first (harmful) economic effects of the protectionist measures taken by the Trump administration.

The dollar is also supported by a series of good statistics, suggesting a continuation of interest rate increases decided by the Fed.

The index of the Philadelphia Fed ('Philly Fed') has thus settled 25.7 on the month in progress, compared with 19.9 at the time, thus marking an acceleration of growth in manufacturing activity in the Philadelphia region

The consensus was for a more reasonable increase in the index, 21.6

At the same time, the US Department of Labor reported a total of 207,000 new unemployed For the week ended July 14, a figure down 8,000 from the previous week.

Now remains to take note of the index of advanced indicators, which will be published in the course of the morning.

the results plan, IBM announced yesterday quarterly performance above expectations, which resulted in a rise of 2.5% of the title in forex exchanges.

American Express has made a statement as to net profit better than expected over the quarter, but lower than consensus seems to disappoint investors.

Dynamic for eBay, which exceeded profit forecasts, but published a figure business somewhat disappointing, resulting in a fall of more than 8% of its action in the opening.

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