Global Markets Daily Report
Thursday, July 18, 2019
US S&P 500 futures are lower by 0.55% this morning, and Nasdaq futures are down 1.05% as bond yields rise following the 1.9 Trillion dollars stimulus plan by President Biden last night and the rollout of the covid-19 vaccination plan. The 10-year Treasury is at 1.6% this morning, as investors fear the $1,400 direct payment will fuel inflation in the US. EU markets are trading lower after a 4-day run, trading lower by 0.55% for the EURSX50 and 0.71% for the DAX. Asian markets closed their overnight session higher led by the NIKKEI 1.73% surge to all-time highs. The dollar index is higher after a 3-day pullback, trading at 91.87 versus majors, up 0.5%. Gold and Silver are sharply lower on the stronger dollar, Gold is at $1,703 per ounce, down 1.33% and Silver trades at $25.39 per ounce, down 2.34%. Oil is marginally lower after strong gains in the past 48 hours, trading at $65.74 per barrel, down 0.44%, as investors are bullish on the global economy and the rollout of the US stimulus plan.
US core PPI at 8:30 am is the important news on the agenda Friday, (all times EST).
| Global Markets 24 hours wrap-up | ||||||
|---|---|---|---|---|---|---|
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 12.3.21 | -0.31% | 0.44% | 0.11% | -0.34% | -1.13% | -0.44% |
| EURGBP | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Nat Gas |
| 0.05% | 0.55% | -0.31% | 0.17% | -0.22% | -2.45% | -0.17% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| 0.51% | -0.76% | -0.21% | -0.15 | -0.6% | 1.73% | 0.35% |
| 1 YEAR | 58.04% | 28.15% | 48.98% | 50.1% | 60.12% | 30.26% |
| Swing report | ||||||
|---|---|---|---|---|---|---|
| TRADE | ENTRY PRICE | POSITION | OPEN PROFIT | DATE TRIGGERED | STOP LOSS | UPDATES |
| OIL | 66.85 | 10 | 820 | 8/3 | 66.03 | Stopped out |
| OPEN PROFIT | $0 | |||||
US futures are lower and the EURSX50 is down 0.6% this morning as inflation fears are driving Treasury yields higher.
The US dollar is 0.52% higher versus majors this morning on higher bond yields and its “safe heaven” status.
