The S&P 500, Nasdaq and Dow futures marginally lower this morning and the EU markets leading index the EURSXX50 is trading near the flat line following yesterday rally in the technology sector fueled by Amazon prime-day and Apple new 5G iPhones. Positive remarks from President Trump regarding the upcoming Covid-19 vaccine also fueled the positive sentiment for US markets. Asian markets traded near the flat line overnight expecting the release of banks earnings early this morning. FX markets are trading in a narrow range for the second day in a row this week, the Dollar index is at 93.21 this morning, up 0.13%. Gold and Silver are trading marginally lower on the stronger dollar, Gold is at $1,919 per ounce, down 0.21% and Silver trades at $24.75 per ounce, down 0.73%. Oil is trading sharply higher this morning on markets positive sentiment and ahead of the IEA inventories estimates later today, trading at $40.11 per barrel, up 1.88%, despite demand and supply fears near term.

US CPI is the important news on the agenda Tuesday, (all times EST).

Global Markets 24 hours wrap-up
1 YEAR4.74%-17.43%
Swing report
OIL40.78103409/1040.8  SL changed
OPEN PROFIT  $340   

US futures traded their best trading day since early September on positive Covid-19 news and big Tech rally.

OIL is ticking higher this morning on positive markets sentiment and expectations for demand pickup near term.

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