Home About the company Daily reviews American premarket from Sergei Kostenko

American premarket from Sergei Kostenko

 
Wall Street continues to consolidate
 
The U.S. stock market closed mixed Friday amid fixing, arrived in anticipation of the end of the financial year in the U.S. and new negative stories, spin around Spain and Greece. European debt crisis once again came out not the foreground and has a negative impact on investor sentiment.
American BKX bank index closed yesterday at 50.22 (-0.46%). Shares of companies Goldman Sachs Group Inc, Bank of America Corp and JPMorgan Chase & Co lost between 0.77% to 0.90%.
 
U.S. stock indexes for the previous trading day to close at: DJI-13,579.47 (-0.13%); S & P 500 - 1,460.15 (-0.01%); NASDAQ Comp. - 3,179.96 (+0.13%)
On the eve of the U.S. trading session, futures on the broad market index S & P 500 is 1,446.40 (-0.38%). U.S. markets will open with a reduction.
 
Oil futures before opening in New York continued to decline after the statements of Chinese officials that the markets should not expect further easing of monetary policy.
Crude futures mark Brent Oil (ICE) day at 110.10 (-1.20%), the U.S. crude oil WTI (ICE) 91.95 (-1.02%). Gold futures stood at 1,762.80 (-0.85%), quotes copper at 372.80 (-1.61).
Goldmann Sachs Commodity Index XOI last session stood at 1281.32 (+0.05%).
In the currency market correction continues with the growth of the U.S. dollar due to the Spanish and Greek history and also the dollar weakened significantly against other major currencies except the yen, which naturally compensated by the European news. Overall, the couple has another opportunity to grow up on a background of the results of the first month QE 3.
Futures on the dollar index, which reflects the value of the U.S. currency against a trade-weighted basket of currencies, is 79.73 (+0.42%).
 
Prediction of the day:
Pair EURUSD continues to decline in short term amid weak statistics from the Institute of the German IFO. Business climate index fell in September, reaching the level of 101.4 points vs. 102.3 points. Pair broke important support level 1.2940 and against this background can adjust to the level of 1.2825. From which there is a possibility of local growth of the pair.
 
Events today:
Moscow time
23.00 Canada Speech by Bank of Canada Governor Mark Carney
23.30 U.S. FOMC Statement member John Williams
 
Sergei Kostenko

*Recommendations listed in this article, can not be used as a base for the direct actions.

Author: admin
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?