US S&P 500 futures are higher by 0.2% this morning, reversing some of yesterday losses following the newly proposed TAX Plan by the Biden administration. EU markets are trading marginally lower, the EURSX50 is down 0.36% and the DAX trades lower by 0.27%. Asian markets closed their overnight session mixed, the NIKKEI lost 0.57% on the stronger Yen, the Hang Seng gained 1.12% and the CSI 300 closed higher by 0.91%. The dollar index is trading at 91.04, down 0.23% versus majors, and most FX markets are trading a lackluster session, with very little market moving news on the agenda. Gold and Silver are trading near the flat line as well, Gold trades at $1,787 per ounce, up by 0.22%, and Silver trades at $25.98 per ounce, lower by 0.12%. Oil prices are marginally higher, up 0.38% and trading at $61.66 per barrel, despite the surprise inventories buildup and in expectations for a return to normal near term, that is following Valero Energy chief financial statement stating diesel and gasoline demand are nearly at pre-pandemic levels and only the EU is under pressure due to the weak covid-19 response.
US Flash Manufacturing PMI at 9:45 am is the important news on the agenda Friday, (all times EST).
|Global Markets 24 hours wrap-up|
|TRADE||ENTRY PRICE||POSITION||OPEN PROFIT||DATE TRIGGERED||STOP LOSS||UPDATES|
|NASDAQ 100||12736||10||9,855||26/3||13722||STOPPED OUT|
Nasdaq futures are in a brea flag formation on the intra-day chart following yesterday 1-hour selloff.
OIL trades higher from 8-month highs this morning on Middle East geopolitical tensions and in expectations of demand pickup near term.
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