Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
US indexes futures point to lower reopening
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="IFC Markets, post: 156486, member: 18359"] [SIZE=5][B]Dollar strengthening continues[/B] [B][/B][/SIZE] [B]US stock market [/B]is poised to reopen sharply lower today after a day-off on Wednesday for the funeral of the former President George H.W. Bush. Futures on US stock indexes plunged after news Canada arrested a top executive of Chinese telecom giant Huawei Technologies at the request of the US. The S&P 500 dropped 3.2% to 2700.06 on Tuesday led by finance and industrial shares. The [I]Dow Jones [/I]industrial average tumbled 3.1% to 25027.07. [I]Nasdaq [/I]composite index sank 3.8% to 7158.43. The dollar strengthening continued: the live dollar indexdata show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched up 0.03% to 96.99 and is higher currently. [SIZE=5][B]European indices retreat accelerates[/B] [B][/B][/SIZE] [B]European stocks [/B]extended losses on Wednesday in thin trading with US markets closed for George H.W. Bush’s funeral. Both the [I]EUR/USD [/I]and [I]GBP/USD[/I] resumed climbing but are lower currently. The Stoxx Europe 600 lost 1.2%. Germany’s [I]DAX 30 [/I]fell 1.2% to 11200.24. France’s CAC 40 closed 1.4% lower and UK’s [I]FTSE 100 [/I]dropped 1.4% to 6921.84. [SIZE=5][B]Hang Sang still loss leader among Asian indices[/B] [B][/B][/SIZE] [B]Asian stock indices[/B] are sharply lower today after news Canada arrested Huawei CFO at US request for violating US sanctions on Iran trade. [I]Nikkei [/I]fell 1.9% to 21501.62 as yen edged higher against the dollar. China’s stocks are lower led by technology sector: the [I]Shanghai Composite Index [/I]is down 1.7% and Hong Kong’s [I]Hang Seng Index [/I]is 2.6 % lower. Australia’s All Ordinaries Index extended losses 0.2% despite the Australian dollar continued retreat against the greenback. [IMG]https://ifccd.net/uploads/image/HK50_O_06Dec2018.png[/IMG] [SIZE=5][B]Brent down ahead OPEC meeting[/B] [B][/B][/SIZE] [B]Brent futures prices [/B]are edging lower ahead of OPEC official meeting today in Vienna. Prices ended lower yesterday as the Joint OPEC-Non-OPEC Ministerial Monitoring Committee, recommended a production cut from the September-October output levels. The February Brent crude lost 0.8% to $61.56 a barrel on Wednesday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…