US S&P 500 futures are lower by 0.15% this morning, pulling marginally lower from all-time highs levels, Nasdaq futures are down by 0.31% and EU markets are trading higher by 0.84% for the EURSX50 and by 1.13% for the German DAX, both at 2021 highs. Asian markets closed lower their overnight session, the NIKKEI lost 1.3% on profit taking and a stronger Yen, the Hang Seng was closed for a holiday and the CSI 300 closed lower by 0.41%. The dollar index is trading at 92.74, down another 0.31% this morning, and pulling back from 3-month highs versus majors as investors favor European currencies and growth currencies. Gold and Silver are trading higher on the weaker dollar, Gold trades at $1,735 per ounce, up by 0.41%, and Silver trades at $28.84 per ounce, higher by 0.95%. Oil prices are reversing yesterday 4.8% selloff on OPEC+ production ramp fears and trading at $59.7 per barrel, up 1.74% as investors worry switch again from demand concerns over the coronavirus spread and a hike in Iranian production to the strong economic rebound in the US and a more positive outlook on the EU demand, still crippled by the coronavirus lockdowns.  

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


Global Markets 24 hours wrap-up
6.4.21-0.61%-0.45% 0.11%0.52%0.45% 1.77%
1 YEAR59.43%24.48%45.4%47.87%59.87%38.43%
Swing report
NASDAQ10012736108,42026/313300 SL Changed
OPEN PROFIT  $8,420   

US futures are marginally lower this morning on profit taking ahead of Fed Chair Powell speech tomorrow afternoon.

EU markets are higher for the 8th day in a row and trading at 2021 highs as investors hope that EU markets will now play catchup with US markets leadership.

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.