The S&P 500 and Nasdaq 100 futures are trading marginally higher near all-time highs levels, and EU markets are trading higher across the board this morning, up 1.11% for the EURSX50 and 1.47% for the CAC40. Asian markets closed their overnight session in the green as well, the NIKKEI gained 1.29% and the CSI 300 gained 1.33%. The dollar index trades at 92.62 versus majors this morning, down 0.02%, trading mostly flat and down 0.55% this week. Gold and Silver are trading both sideways on the flat dollar dollar, Gold is at $1,816 per ounce, down 0.11% and Silver is trading at the $24.05 level, up 0.15%. OPEC meetings and Oil inventories numbers set to be released this morning at 10:30 are key for Oil investors ahead of the Labor-day weekend which signals the end of the driving season. OPEC+ leaders are set to decide on the plan to add 400,000 barrels per day through the end of the year as US president Biden urged the cartel to boost production as higher price are a perceived threat to global growth. Oil prices are higher ahead of OPEC+, trading at $68.8 per barrel this morning, up 0.51%.
US ADP Non-Farm employment change at 8:15 am, US ISM Manufacturing at 10:00 am, OPEC meetings, (all-day) and US Oil Inventories at 10:30 am are the important news on the agenda Wednesday, (all times EST).
|Global Markets 24 hours wrap-up|
|TRADE||ENTRY PRICE||POSITION||OPEN PROFIT||DATE TRIGGERED||STOP LOSS||UPDATES|
|NASDAQ 100||15136||6||2990||23/8||15520||SL Changed|
US futures are back in the green ahead of ADP employment news and strong EU markets gains.
OIL trades near the flat ahead of potential market moving OPEC+ news and the Inventories numbers, set to be released today at 10:30 am.
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