US Federal Reserve (Fed) Chair Jerome Powell is scheduled to deliver a speech on “Economic Outlook and Framework Review” at the annual Jackson Hole Economic Symposium on Friday at 14:00 GMT.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, gains traction to around 98.40 during the early European session on Thursday.
Dow Jones futures advance during early European hours, ahead of the market opening in the United States (US) on Friday, trading above 44,100, up by 0.14%. Meanwhile, S&P 500 futures rise by 0.16% to 6,370, and Nasdaq 100 futures appreciate 0.18% to trade around 23,300.