US S&P 500 futures are lower by 0.22% this morning and Nasdaq futures are lower by 0.29% following yesterday weak close for the NASDQ 100 and the flat price action in equity global markets around the globe. EU markets are trading sideways again, for the 12th day in a row, down 0.25% for the EURSX50 and minus 0.71% for the German DAX. Asian markets closed their overnight session mixed, the Hang Seng closed higher by 0.7% on technology stocks strength, while the NIKKEI and the CSI were closed for a bank holiday. The US dollar is stronger this morning in the FX markets, trading at 91.36 versus majors, up 0.44%, reversing the 2.5% drop versus majors in April. Gold and Silver are trading marginally lower on the stronger dollar, Gold is at $1,784 per ounce, down 0.45% and Silver trades at $26.65 per ounce, down 0.11%. Oil prices are at $65.65 per barrel, higher by 1.8% this morning as investors turn bullish near term on US and Europe demand prospects as New-York, New-Jersey and Connecticut lifted their pandemic restrictions and EU plans to open-up for vaccinated travelers. Investors will be watching the API report today and the Inventories numbers Wednesday for more on demand curbs near term.

There is no important news on the agenda Tuesday, (all times EST).

 

Global Markets 24 hours wrap-up
MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
4.5.210.18%-0.11%-0.45%-0.36%-0.45% 2.1%
EURGBPUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
-0.18%0.3%-0.15%0.27%0.03%-0.11%-0.27%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.36%-0.55%0.62%0.34%-0.11%–%–%
1 YEAR44.98%21.65%44.52%41.97%46.86%30.95%
Swing report
TRADEENTRY PRICEPOSITIONOPEN PROFITDATE TRIGGEREDSTOP LOSSUPDATES
S&P 50041823012028/44100 SL Changed
       
       
       
       
       
OPEN PROFIT  $120   

EU markets are awaiting US markets leadership for a move higher from nearly 3-weeks of sideways price consolidation.

OIL trades at $65.65 per barrel this morning after the positive news as Tri-States lift restrictions on business activity and EU expects traveling bans lifted.

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