US futures are lower this morning on renew China Honk Kong tensions and EU markets are trading in negative territory after an overnight selloff session in Asian markets. The Hang Seng index tumbled more than 4% overnight and mainland China leading index, the CSI 300 closed down 2.29% as investors fear the tensions will spread into the US China trade negotiations and flare tensions between US President Trump and the Chinese ruling party. FX markets reacted with a swift move into safe heavens, this time the USD joined the JPY and both traded overnight higher versus majors. The dollar index trades at 99.78 this morning, up 0.4%. Gold and Silver investors reacted positively to the overnight Asian equity markets selloff, Gold is up 0.62% and trading at $1,732 per ounce this morning while Silver trades at $17.48 per ounce, up 0.58%. Oil finally retreated after a 10-day rally, down 4.66% as investors took profits of the table and sent price down to $32.41 per barrel this morning.
There is no important news on the agenda Friday, (all times GMT).
|Global Markets 24 hours wrap-up|
|TRADE||ENTRY PRICE||POSITION||OPEN PROFIT||DATE TRIGGERED||STOP LOSS||UPDATES|
The Japanese Yen traded sharply higher overnight as investors took the “safe heaven” route on renewed US China Hong Kong tensions.
Nasdaq futures are pointing marginally lower this morning as investors fear the renewed China Hong Kong tensions will spill into the US China trade agreement.
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.