17 08 US PRE OPEN
The S&P 500 Futures remain slightly on the upside
Share this:
The S&P 500 Futures remain slightly on the upside. Still, no progress was made on political negotiations over the new coronavirus relief package.
Due later today is the U.S. Empire State Manufacturing Survey (a decline to 14.5 in August is expected).
European indices are searching for a trend as Covid-19 cases are on the upside.
Asian indices closed in dispersed order. The Hong Kong HSI and the Chinese CSI closed on the upside while the Japanese Nikkei and the Australian ASX closed lower. This morning, Japan's second quarter annualized GDP shrank 27.8% on quarter (-26.9% expected), the largest decline on records, according to the government.
WTI Crude Oil futures are rebounding. The total number of rigs in the U.S. fell to 244 as of August 14 from 247 a week ago, while rigs in Canada increased to 54 from 47, according to Baker Hughes. U.S. Crude Oil rigs fell from 176 to 172, the lowest since July 2005.
Gold gains some ground after prices had their biggest weekly decline since March on risk appetite comeback.
Gold rose 9.23 dollars (+0.47%) to 1954.35.
The US dollar consolidates before the release of Fed minutes this week.
The dollar index fell 0.11pt to 92.983.
U.S. Equity Snapshot
Amazon (AMZN), the e-commerce giant, is currently being probed by the German Federal Cartel Office over potential abuse of dominance during the COVID-19 pandemic, according to CNBC.
Source: TradingView, GAIN Capital
Tesla (TSLA): the electric-vehicle maker's car registrations in China fell to 11,623 units in July from 15,529 units in June, according to Reuters.
Novavax (NVAX), the biotech, "announced the beginning of a Phase 2b clinical trial in South Africa to evaluate the efficacy of NVX-CoV2373, Novavax’ COVID-19 vaccine candidate."
Berkshire Hathaway (BRK/B): according to financial filings, the Warren Buffet holding reduced its stakes in JPMorgan (JPM), Wells Fargo (WFC) and PNC Financial (PFC) during the second quarter, and exited Goldman Sachs (GS) stake, also during the second quarter.
Due later today is the U.S. Empire State Manufacturing Survey (a decline to 14.5 in August is expected).
European indices are searching for a trend as Covid-19 cases are on the upside.
Asian indices closed in dispersed order. The Hong Kong HSI and the Chinese CSI closed on the upside while the Japanese Nikkei and the Australian ASX closed lower. This morning, Japan's second quarter annualized GDP shrank 27.8% on quarter (-26.9% expected), the largest decline on records, according to the government.
WTI Crude Oil futures are rebounding. The total number of rigs in the U.S. fell to 244 as of August 14 from 247 a week ago, while rigs in Canada increased to 54 from 47, according to Baker Hughes. U.S. Crude Oil rigs fell from 176 to 172, the lowest since July 2005.
Gold gains some ground after prices had their biggest weekly decline since March on risk appetite comeback.
Gold rose 9.23 dollars (+0.47%) to 1954.35.
The US dollar consolidates before the release of Fed minutes this week.
The dollar index fell 0.11pt to 92.983.
U.S. Equity Snapshot
Amazon (AMZN), the e-commerce giant, is currently being probed by the German Federal Cartel Office over potential abuse of dominance during the COVID-19 pandemic, according to CNBC.
Source: TradingView, GAIN Capital
Tesla (TSLA): the electric-vehicle maker's car registrations in China fell to 11,623 units in July from 15,529 units in June, according to Reuters.
Novavax (NVAX), the biotech, "announced the beginning of a Phase 2b clinical trial in South Africa to evaluate the efficacy of NVX-CoV2373, Novavax’ COVID-19 vaccine candidate."
Berkshire Hathaway (BRK/B): according to financial filings, the Warren Buffet holding reduced its stakes in JPMorgan (JPM), Wells Fargo (WFC) and PNC Financial (PFC) during the second quarter, and exited Goldman Sachs (GS) stake, also during the second quarter.
The S&P 500 Futures remain slightly on the upside. Still, no progress was made on political negotiations over the new coronavirus relief package.
Due later today is the U.S. Empire State Manufacturing Survey (a decline to 14.5 in August is expected).
European indices are searching for a trend as Covid-19 cases are on the upside.
Asian indices closed in dispersed order. The Hong Kong HSI and the Chinese CSI closed on the upside while the Japanese Nikkei and the Australian ASX closed lower. This morning, Japan's second quarter annualized GDP shrank 27.8% on quarter (-26.9% expected), the largest decline on records, according to the government.
WTI Crude Oil futures are rebounding. The total number of rigs in the U.S. fell to 244 as of August 14 from 247 a week ago, while rigs in Canada increased to 54 from 47, according to Baker Hughes. U.S. Crude Oil rigs fell from 176 to 172, the lowest since July 2005.
Gold gains some ground after prices had their biggest weekly decline since March on risk appetite comeback.
Gold rose 9.23 dollars (+0.47%) to 1954.35.
The US dollar consolidates before the release of Fed minutes this week.
The dollar index fell 0.11pt to 92.983.
U.S. Equity Snapshot
Amazon (AMZN), the e-commerce giant, is currently being probed by the German Federal Cartel Office over potential abuse of dominance during the COVID-19 pandemic, according to CNBC.
Source: TradingView, GAIN Capital
Tesla (TSLA): the electric-vehicle maker's car registrations in China fell to 11,623 units in July from 15,529 units in June, according to Reuters.
Novavax (NVAX), the biotech, "announced the beginning of a Phase 2b clinical trial in South Africa to evaluate the efficacy of NVX-CoV2373, Novavax’ COVID-19 vaccine candidate."
Berkshire Hathaway (BRK/B): according to financial filings, the Warren Buffet holding reduced its stakes in JPMorgan (JPM), Wells Fargo (WFC) and PNC Financial (PFC) during the second quarter, and exited Goldman Sachs (GS) stake, also during the second quarter.
Due later today is the U.S. Empire State Manufacturing Survey (a decline to 14.5 in August is expected).
European indices are searching for a trend as Covid-19 cases are on the upside.
Asian indices closed in dispersed order. The Hong Kong HSI and the Chinese CSI closed on the upside while the Japanese Nikkei and the Australian ASX closed lower. This morning, Japan's second quarter annualized GDP shrank 27.8% on quarter (-26.9% expected), the largest decline on records, according to the government.
WTI Crude Oil futures are rebounding. The total number of rigs in the U.S. fell to 244 as of August 14 from 247 a week ago, while rigs in Canada increased to 54 from 47, according to Baker Hughes. U.S. Crude Oil rigs fell from 176 to 172, the lowest since July 2005.
Gold gains some ground after prices had their biggest weekly decline since March on risk appetite comeback.
Gold rose 9.23 dollars (+0.47%) to 1954.35.
The US dollar consolidates before the release of Fed minutes this week.
The dollar index fell 0.11pt to 92.983.
U.S. Equity Snapshot
Amazon (AMZN), the e-commerce giant, is currently being probed by the German Federal Cartel Office over potential abuse of dominance during the COVID-19 pandemic, according to CNBC.
Source: TradingView, GAIN Capital
Tesla (TSLA): the electric-vehicle maker's car registrations in China fell to 11,623 units in July from 15,529 units in June, according to Reuters.
Novavax (NVAX), the biotech, "announced the beginning of a Phase 2b clinical trial in South Africa to evaluate the efficacy of NVX-CoV2373, Novavax’ COVID-19 vaccine candidate."
Berkshire Hathaway (BRK/B): according to financial filings, the Warren Buffet holding reduced its stakes in JPMorgan (JPM), Wells Fargo (WFC) and PNC Financial (PFC) during the second quarter, and exited Goldman Sachs (GS) stake, also during the second quarter.
Latest market news
The complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
S&P 500 forecast: Stocks extend drop as correction risks grow
US and global equity markets have extended Wednesday’s sell-off, with Wall Street opening lower after a weak handover from Asia and Europe. The deterioration in risk appetite has been spreading across global markets. The dollar was firmer, Treasury yields were holding onto yesterday’s gains, while gold, silver and bitcoin were all under pressure alongside equities and major currencies.
Nikkei threatens breakout as tech rebound broadens
Breakouts across the SOX and Nasdaq are being matched by rebounds across Asia, with the Nikkei now threatening to join the move.
Nasdaq 100 Forecast: Confidence Returns as the Index Challenges Record Highs
The trading week is getting underway with renewed bullish momentum across Nasdaq. This is reflected in today's session, where the index has gained more than 2.5%, highlighting a buying bias that has not been observed with this level of strength in several weeks.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.