The S&P 500 and Nasdaq 100 futures are trading at all-time highs level ahead of the CPI reading, set to be released this morning, at 8:30 am. EU markets are trading at 2021 highs as well, and trading near the flat line ahead of the inflation news, up 0.16% for the EURSX50 and down 0.03% for the German DAX, while Asian markets closed a mixed session, the NIKKEI gained 0.65% and the CSI 300 lost 0.55%. The dollar is trading at 93.11 versus majors, up 0.08% as investors await the inflation report. Gold and Silver are trading near the flat line as well, Gold is trading at $1,777 per ounce, up 0.35% and Silver is trading at $25.55 per ounce, up 0.14%. Oil is trading lower by 1.5% this morning, after the White House called on OPEC+ to boost production despite the steep demand drop, in order to support the global recovery and temper with inflation risks. Oil is trading at $67.34 per barrel this morning, as investors await the release of the Inventories numbers, at 10:30 am this morning.   

US CPI at 8:30 am and Oil Inventories at 10:30 am are the important news on the agenda Wednesday, (all times EST).

Global Markets 24 hours wrap-up
MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
11.8.21-0.24%0.22%0.15%-0.05%0.45% -1.48%
EURGBPUSDCHFAUDUSDAUDJPYUSDCADSilverBitcoin
0.2%0.06%-0.12%0.27%-0.28%0.15%0.88%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.11%-0.07%0.5%0.24%0.12%0.65%-0.55%
1 YEAR21.87%16.73%35.77%23.4%15.94%7.12%
Swing report
TRADEENTRY PRICEPOSITIONOPEN PROFITDATE TRIGGEREDSTOP LOSSUPDATES
DAX1576051206/815750 SL Changed
       
NASDAQ100150385-602/815088SL Changed
       
       
       
OPEN PROFIT  $60   

Both the Nasdaq 100 and the S&P 500 futures are flat, ahead of the inflation numbers set to be released at 8:30 am.

OIL trades at the $67 level  on White House pressure for more production and ahead of the Inventories numbers set to be released this morning.

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.