US S&P 500 futures are higher by 0.8% this morning, and Nasdaq futures are up 1% as bond yields retreat and the House approved and sent the 1.9 Trillion dollars stimulus plan to the WH for the final approval. EU markets are trading near the flat line awaiting the ECB monetary statement and press conference later today. The EURSX50 trades higher by 0.3% this morning and the FTSI 100 is down 0.23%. Asian markets closed mostly higher overnight, led by a 2.49% reversal in the Chinese CSI 300. The US dollar is lower for the 3rd day in a row, trading at 91.56 versus majors, down 0.3%. The AUD is higher versus majors as investors return to growth currencies, up across the board, nearly 1%. Gold and Silver are higher on the weaker dollar, Gold is at $1,736 per ounce, up 0.71% and Silver trades at $26.15 per ounce, up 1.05%. Oil is reversing higher after a 3-day slide, trading at $65.04 per barrel, up 0.91% as investors are bullish on the global economy and the near-term OPEC+ production quotas.
The ECB Press Conference at 8:30 am is the important news on the agenda Thursday, (all times EST).
| Global Markets 24 hours wrap-up | ||||||
|---|---|---|---|---|---|---|
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 11.3.21 | 0.44% | -0.34% | 0.25% | 0.56% | 0.88% | 0.92% |
| EURGBP | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Nat Gas |
| 0.11% | -0.56% | 1.04% | 0.71% | -0.56% | 1.21% | 0.13% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| -0.28% | -0.05% | -0.24% | 0.14% | 0.32% | 0.6% | 2.49% |
| 1 YEAR | 22.77% | 11.48% | 27.59% | 24.05% | 50.45% | 27.3% |
| Swing report | ||||||
|---|---|---|---|---|---|---|
| TRADE | ENTRY PRICE | POSITION | OPEN PROFIT | DATE TRIGGERED | STOP LOSS | UPDATES |
| OIL | 66.85 | 10 | 1840 | 8/3 | 66.03 | SL Changed |
| OPEN PROFIT | $1,840 | |||||
US futures are higher this morning following the 1.9 Trillion stimulus plan approval and the bullish global sentiment.
OIL trades higher this morning after a 3-day pullback on bullish global sentiment and US stimulus plan approval.
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