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 lower yesterday, yet above session lows, as the crisis in Europe continues to affect the global markets. U.S. two-year bonds were sold at all times low yield. Apple missed analysts forecasts - the stock fell 5.5% in late trading. Dow Jones index futures points toward a slightly lower opening. Yesterday, The Dow Jones index was closing at 12,617 -0.82%, the S&P 500 index was closing at 1,338 -0.90% and the NASDAQ index was closing at 2,862 -0.94%.
European Markets were closed substantially lower yesterday. European officials believe that Greece may not meet its objectives. Moody's ratings agency downgraded its outlook for Germany, emphasizing that the burden of support must fall on the more robust European countries. Yesterday, The FTSE 100 index was closing at 5,499 -0.63% , the German DAX was closing at 6,390 -0.45% and the France CAC was closing at 3,074 -0.87%.
Asian Markets were trading with a negative sentiment earlier today as 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 closing at 2,147 +0.06% while the Hang Seng Index in Hong Kong was closing at 18,844 -0.31%, and the Nikkei 225 Index in Japan was closing at 8,387 -1.18%.
Commodities & Foreign Exchange
The U.S Dollar Index is higher, currently traded around 83.95 on a lower Euro. Crude NYMEX is up by 0.26%, currently traded around $90.29. Gold prices down by 0.46%, the precious metal is currently traded around $1,583, 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.