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 higher on Friday, inspired by the positive announcement made by the ECB President. There are growing expectations for an intervention of the Federal Reserve in light of the recent macro data which indicated a slow recovery of the U.S economy. Dow Jones index futures points toward a slightly lower opening. On Friday, The Dow Jones index was closing at 13,075 +1.46%, the S&P 500 index was closing at 1,385 +1.91% and the NASDAQ index was closing at 2,958 +2.24%.
European Markets were also closed substantially higher on Friday. Europe should gather great interest this week as investors expect significant steps from the European Central Bank following the president's announcement last week, saying he would do everything in its powers to protect the euro. On Friday, The FTSE 100 index was closing at 5,627 +0.97% , the German DAX was closing at 6,689 +1.62% and the France CAC was closing at 3,280 +2.28%.
Asian Markets were trading with a positive sentiment earlier today. Asian shares have extended their gains, led by the financial sector, in view of the growing optimism in Europe following a series of encouraging statements made by financial policy leaders in the continent,regarding the possibility of further monetary expansion moves - including bond purchases. Earlier today, The SSE Composite Index In China was closing at 2,125 -0.13% while the Hang Seng Index in Hong Kong was closing at 19,568 +1.52%, and the Nikkei 225 Index in Japan was closing at 8,617 +0.60%.
Commodities & Foreign Exchange
The U.S Dollar Index is lower, currently traded around 82.77 on a higher Euro. Crude NYMEX is up by 0.64%, currently traded around $91.00. Gold prices are up by 0.14%, the precious metal is currently traded around $1,625, Spot Silver is currently traded around $27.67.
As always, we wish you a successful trading week - and look forward to serving all your trading needs.