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 with mixed sentiments yesterday as the U.S Federal Reserve lowered its forecast for the U.S. economy. The Fed left interest rates unchanged and did not imply regarding an additional bond purchase plan. Dow Jones index futures points toward a higher opening. Yesterday, The Dow Jones index was closing at 12,976 +0.25%, the S&P 500 index was closing at 1,375 -0.29% and the NASDAQ index was closing at 2,920 -0.66%.
European Markets were closed with a mixed sentiment yesterday, as Investors expect the ECB to purchase Italian and Spanish bonds. Investors await towards the ECB interest rate decision today. PMI for the manufacturing sector in Germany and the euro zone has decreased slightly in July. Yesterday , The FTSE 100 index was closing at 5,712 +1.38% , the German DAX was closing at 6,754 -0.26% and the France CAC was closing at 3,321 +0.91%.
Asian Markets were trading with a mixed sentiment earlier today. It seems that Asian investors were disappointed by the Fed chairman who did not hint for an additional bond purchase plan. Earlier today, The SSE Composite Index In China was closing at 2,113 -0.45% while the Hang Seng Index in Hong Kong was closing at 19,672 -0.75%, and the Nikkei 225 Index in Japan was closing at 8,681 +0.46%.
Commodities & Foreign Exchange
The U.S Dollar Index is higher, currently traded around 82.99 on a lower Euro. Crude NYMEX is down by 0.15%, currently traded around $90.71. Gold prices are down by 0.17%, the precious metal is currently traded around $1,604, Spot Silver is currently traded around $27.43.
As always, we wish you a successful trading week - and look forward to serving all your trading needs.