US S&P 500 futures are lower by 0.35% this morning and Nasdaq futures are lower by 0.65% as investors eye the CPI number set to be released at 8:30 am. EU markets are trading mixed, near the flat line, following yesterday weak close. The EURSX50 is lower by 0.06% and the German DAX is higher by 0.25%. Asian markets closed their overnight session mixed as well, the NIKKEI lost 1.61%, the Hang Seng gained 0.78% and the CSI 300 gained 0.43%. The dollar index is higher this morning, trading at 90.31 versus majors, up 0.18% as investors stay put ahead of the CPI number. Gold and Silver are trading marginally lower this morning, Gold trades at $1,833 per ounce, down 0.14% and Silver trades at $27.23 per ounce, down 0.55%. Oil prices are higher this morning ahead of the Inventories numbers, OIL is at $66.16 per barrel, up 1.35% as OPEC says it expects world demand to rise by 5.95 bpd this year, as forecasted a month ago, and growth in US and China overweight the slowing India demand. The API is projecting a fall of 2.5 million barrels in US inventories, slightly less than expected.

US CPI at 8:30 am and Oil Inventories at 10:30 am are the important news on the agenda Wednesday, (all times EST).


Global Markets 24 hours wrap-up
12.5.21-0.1%0.1%-0.3%-0.36%-0.23% 1.3%
1 YEAR39.83%16.54%40%36.63%38.21%27.38%
Swing report
S&P 500418230-1,24028/44100 
OPEN PROFIT  $-1,240   

Both the EURSX50 and Nasdaq 100 futures are trading near the flat line ahead of the CPI number this morning.

OIL trades higher this morning as OPEC projects strong demand for June and the rest of 2021.

Warning: The information provided on this page (“the information”) is for instructional purposes only, for enhancing your general knowledge of the capital market in general and using trading methods and the technical analysis method in particular. We hereby clarify that the company, its management, staff, shareholders and agents do not hold investment advisor licenses and/or portfolio manager licenses by any applicable law, and do not pretend to advise any person on the worthiness of buying, selling, holding or investing in securities and other financial assets. The information should not be construed to be a recommendation or opinion, and any person who makes any decision based on the information – does so entirely at their own risk. Be aware that the information cannot serve in lieu of advice which accounts for specific information and needs of an individual, and that investing in securities and financial assets may cause loss. The company, its management, staff and agents may have a personal interest in issues related to the information, and may hold specific securities mentioned in the information, or similar securities. If you use the information, you waive any claim or demand against the company or anyone acting on its behalf.