The S&P 500 and Nasdaq 100 futures are trading lower following the weak close for the indexes yesterday, down 0.35% for the S&P 500 and 0.3% for the Nasdaq 100. EU markets are trading lower as well, the EURSX50 is down by 0.45% and the FTSI is losing 1.1% this morning. Asian markets traded lower overnight, the NIKKEI lost 0.57%, the Hang Seng dropped 2.3% and the CSI 300 closed flat. Investors seem to be taking profits from the table with EU and US leading indexes at all-time highs levels. The dollar is trading near the flat line versus majors this morning, trading at 92.55, down 0.11%. Gold and Silver are trading near the flat line as well, Gold is at $1,793 per ounce, up 0.16% and Silver is trading at $23.98 per ounce, up 0.28%. Oil prices are flat as well, as investors await the release of the Inventories numbers, set to be released today due to the long US weekend holiday. With US production limited due to the damages of Hurricane IDA, prices are likely to stabilize near term as US lost 1.4 million barrels of daily production so far. Oil trades at $69.25 per barrel this morning, up 0.25%.
US Unemployment claims at 8:30 am and US Oil Inventories at 10:30 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||15136||6||2740||23/8||15520||SL Changed|
Both US and EU markets are looking on the defensive as investors are taking some profits off the table.
OIL trades near the flat line this morning as investors await the release of the Inventories numbers, at 10:30 am.
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