US100 move lower this week

It will takes about:


Latest updates:

– US indices finished yesterday’s trading lower. S&P 500 dropped 0.13%, Dow Jones moved 0.20% lower and Nasdaq declined 0.57%. Russell 2000 plunged 1.14%
– Bears also dominated during the Asian trading hours. Nikkei dropped 0.7%, S&P/ASX 200 plunged almost 2% and Kospi moved 1.4% lower. Indices from China declined
– DAX futures point to a lower opening of the European cash session today
– Fed Kaplan said that if there is no major change to the fundamental outlook he would support the decision to taper in October. Kaplan said that he is proponent of launching taper as soon as possible
– Gazprom plans to start flow of natural gas via its Nord Stream 2 pipeline at the beginning of October
– Japan decided to extend the state of emergency in Tokyo and other virus-hit areas until the end of September. Economy Minister said that significant easing of restrictions is planned for the late-November
– Chinese CPI inflation decelerated from 1% YoY to 0.8% YoY in August (exp. 1% YoY). PPI inflation accelerated from 9.0% YoY to 9.5% YoY (exp. 9.1% YoY)
– API report pointed to a 2.88 million barrel draw in oil inventories (exp. -3.8 mb)
– Bitcoin trades slightly above $46,000 mark
– Precious metals and agricultural goods trade lower, oil trades flat and industrial metals gain
– CHF and JPY are the best performing major currencies while CAD and AUD lag the most

While US100 has been more resilient than other Wall Street indices recently, it began to move lower this week. US tech index pulled back from all-time highs and is testing the lower limit of local market geometry at 15,565 pts. Next support to watch can be found in the 15,400 pts swing area.

For more informations and news join our official social networks! Please click on the icons below to subscribe.

Recommended News

Top movers

Find out witch markets are urrently the top gainers or losers

Markets sentiment

See if traders are currently sellers or buyers o each market

Get latest market news, trading tips an special offers - 100% free!


You can unsubscribe anytime. For more details review our Privacy Policy.