It is our pleasure to present you with Winoptions.com daily analysis and a list of important events in the week to come.
U.S Markets were closed substantially lower on Friday reacting to the negative macro data. Significant macro data will be published during the following week such as the new home sales data, the initial growth estimate and the unemployment claims. The Reporting season is underway this week reports will including Facebook, Apple and McDonald's. Dow Jones index futures points to a lower opening. On Friday, The Dow Jones index was closing at 12,822 -0.93%, the S&P 500 index was closing at 1,362 -1.01% and the NASDAQ index was closing at 2,925 -1.37%.
European Markets were closed substantially lower on Friday. The German parliament and the Finance ministers of the Euro zone have approved the Spanish rescue package, but still, investors are looking for additional reassurance since the state's funding costs are still at high levels of 7%. On Friday, The FTSE 100 index was closing at 5,651 -1.09% , the German DAX was closing at 6,630 -1.90% and the France CAC was closing at 3,193 -2.14%.
Asian Markets were trading with a negative sentiment earlier today on fears of a worsening debt crisis in Europe. Investors continue to stay away from risky assets mainly due to the concerns that the debt crisis in Europe is getting worse. Earlier today, The SSE Composite Index In China was trading around 2,142 -1.22% while the Hang Seng Index in Hong Kong was trading around 19,156 -2.47%, and the Nikkei 225 Index in Japan was trading around 8,526 -1.65%. Commodities & Foreign Exchange
The U.S Dollar Index is higher, currently traded around 83.74 on a lower Euro. Crude NYMEX is down by 1.54%, currently traded around $91.81. Gold prices down by 0.45%, the precious metal is currently traded around $1,580, Spot Silver is currently traded around $26.99.
As always, we wish you a successful trading week - and look forward to serving all your trading needs.