US S&P 500 futures are higher by 0.22% this morning, Nasdaq futures are down 0.11% and EU markets are trading lower by 0.58% for the EURSX50 and by 0.65% for the German DAX. Overnight, Asian markets closed mainly in the red following the technology sector weakness yesterday in the US. The NIKKEI closed lower by 1.41% and the CSI 300 lost 2.62% as investors fear the rising bond yields will temper growth in the US as the economic recovery picks up. The dollar index is flat, trading at 91.88 versus majors, up 0.02%. Gold and Silver are trading near the zero line on the flat dollar, Gold is at $1,741 per ounce, up 0.4% and Silver trades at $26.07 per ounce, down 0.44%. Oil is marginally higher, trading at $60.05 per barrel, up 0.11%, following the worst trading day for the commodity this year, down 8% on the day, as investors worry the restrictions and proposed lockdowns in the EU area will have a big impact on demand levels near term, and following the huge runup in Oil prices this year.

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


Global Markets 24 hours wrap-up
19.3.21-0.31%-0.24%-0.53%-0.28%0.41% 0.12%
1 YEAR71.02%30.37%56.59%57.05%79.98%39.51%
Swing report
NASDAQ 1001291310-56015/312857 stopped out
OIL59.911012019/361new position
OPEN PROFIT  $120   

OIL prices went through their worst selloff day in 2021, losing 8.65%, following the renewed lockdown policies in the EU and investors fear of a slow in demand pickup near term.

Both EU leading indexes are lower this morning as investors fear the renewed lockdowns effect on the economy and the rising US bond yields.

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