The S&P 500 and Nasdaq 100 futures set to open August higher by 0.55% and 0.6% respectively, extending the US markets monthly run to 14:2 since the coronavirus reversal of April 2020. EU markets are trading higher this morning and Asian markets closed their overnight session green, up 1.82% for the NIKKEI and 2.52% for the battered CSI 300. The Hang-Seng closed July with a stunning 8% loss and gained 0.82% overnight. The dollar is trading near the flat line this morning, at 92.06 versus majors, down 0.12% and down nearly 1% from July highs. Gold and Silver are trading near the flat line as well, Gold is trading at $1,808 per ounce, down 0.34% and Silver is trading at $25.32 per ounce, down 0.05%. Oil prices are trading lower this morning on concerns China economy and factory activity is slowing and OPEC+ is going to ramp production near term. Oil is trading at $73.11 per barrel, down 1.05%.
US ISM manufacturing at 10:00 am is the important news on the agenda Monday, (all times EST).
| Global Markets 24 hours wrap-up | ||||||
|---|---|---|---|---|---|---|
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 2.8.21 | 0.21% | 0.1% | 0.24% | 0.22% | -0.35% | -1.1% |
| EURGBP | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Bitcoin |
| 0.17% | 0.06% | 0.41% | 0.27% | -0.08% | -0.05% | -3.9% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| -0.12% | 0.83% | 0.88% | 1.76% | 1.01% | 1.82% | 2.55% |
| 1 YEAR | 27.3% | 20.28% | 39.39% | 30.13% | 27.96% | 5.08% |
| Swing report | ||||||
|---|---|---|---|---|---|---|
| TRADE | ENTRY PRICE | POSITION | OPEN PROFIT | DATE TRIGGERED | STOP LOSS | UPDATES |
| OPEN PROFIT | $ | |||||
US leading indexes are now a stunning 14:2, the ratio of green to red trading months since the covid reversal 16-month ago.
Despite a positive July, Gold prices continue to lagg global leading markets, trading is a range for the past 8-months.
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