The S&P 500 and Nasdaq 100 futures are trading near the flat line following yesterday strong close and ahead of August Retail Sales release. EU markets are holding to gains this morning, the EURSX50 is higher by 0.75% and the DAX by 0.52%. Asian markets traded mostly lower, the CSI 300 lost 1.22% and both the Heng Seng and Nikkei indexes closed in the red as well. The US dollar is gaining versus majors this morning, trading at 92.75, up 0.25% and is overall flat for the past 2 weeks. Gold and Silver are trading lower on the stronger dollar, Gold is trading at $1,777 per ounce, down 0.85% and Silver is trading at $23.33 per ounce, down 1.15%. Oil prices are steady following this week rally, trading at $72.52 per barrel, down 0.15% and overall up 3.5% for the week as US inventories came out lower than expected, falling by 6.4 million barrels for the week, as US Gulf producers face shortages, the outcome of Hurricane Ida.
US Retail Sales and Philly Fed Manufacturing index at 8:30 am are the important news on the agenda Thursday, (all times EST).
|Global Markets 24 hours wrap-up|
|TRADE||ENTRY PRICE||POSITION||OPEN PROFIT||DATE TRIGGERED||STOP LOSS||UPDATES|
|NASDAQ 100||15460||6||20||16/9||15400||NEW POSITION|
Nasdaq futures look to gain following yesterday strong US markets close.
OIL gained sharply yesterday following the drawdown in US Inventories as Hurricane Ida hurt US Gulf producers.
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