The S&P 500, Nasdaq and Dow futures are marginally lower and EU markets are trading at the flat line this morning, as investors see little change following yesterday selloff in big technology, and the tech heavy Nasdaq trades at the 10% pullback level, near correction territory. Asian markets closed higher in the overnight trading session, the CSI 300 closed positive 2.25% while the NIKKEI closed up only 0.18%. FX markets are trading flat this morning with no major news on the agenda, the dollar index is at 92.9, down 0.08% and most other FX markets are trading near the flat line. Gold and Silver continue to trade sideways as well, Gold is at $1,948 per ounce, and Silver trades this morning at $26.97 per ounce, both marginally higher on the day. Oil is trading lower after a 2-day 9% rally as Oil facilities on the Gulf of Mexico shut down due to Hurricane Sally and Saudi Arabia decision to stick to lower production outputs, leading analyst to raise their price forecast near term. Oil trades at $40.88 per barrel, down 0.66%. 

US CB Leading Index and Consumer Sentiment at 10:00 am are the important news on the agenda Friday, (all times EST).

 

Global Markets 24 hours wrap-up
MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
18.9.200.65%-0.19%0.14%0.33%0.55%-0.66%
EURGBPUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
-0.08%-0.06%0.2%-0.01%-0.18%0.77%-4.3%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.12%0.28%-0.16%-0.18%0.06%0.18%2.25%
1 YEAR6.94%-17.23%
-10.39%-6.16%6.37%21.15%
Swing report
TRADEENTRY PRICEPOSITIONOPEN PROFITDATE TRIGGEREDSTOP LOSSUPDATES
OIL39.61101,10016/940.5SL changed
       
       
       
       
       
OPEN PROFIT  $1,100   

Oil is trading lower after a 2-day 9% rally as Oil facilities on the Gulf of Mexico shut down due to Hurricane Sally and Saudi Arabia decision to stick to lower production outputs, leading analyst to raise their price forecast near term. Oil trades at $40.88 per barrel, down 0.66%. 

The FED meeting this Wednesday didn’t change investors sentiment toward the greenback, sending it to 8-week lows versus the JPY.

Warning: The information provided on this page (“the information”) is for instructional purposes only, for enhancing your general knowledge of the capital market in general and using trading methods and the technical analysis method in particular. We hereby clarify that the company, its management, staff, shareholders and agents do not hold investment advisor licenses and/or portfolio manager licenses by any applicable law, and do not pretend to advise any person on the worthiness of buying, selling, holding or investing in securities and other financial assets. The information should not be construed to be a recommendation or opinion, and any person who makes any decision based on the information – does so entirely at their own risk. Be aware that the information cannot serve in lieu of advice which accounts for specific information and needs of an individual, and that investing in securities and financial assets may cause loss. The company, its management, staff and agents may have a personal interest in issues related to the information, and may hold specific securities mentioned in the information, or similar securities. If you use the information, you waive any claim or demand against the company or anyone acting on its behalf.