Morning Call. Market Overview for 04.08.2016

Pre-Market direction of US Futures (07.00 CET)

The S&P is down 0.17%
 
DAX

The DAX is in a downward. We expect a continuation of this trend.

 
 
Euro Stoxx 50

The ES50 is in a downward trend. We expect a continuation of this trend.

 
 
Euro / USD

The Euro is trending upwards to the USD. We expect a continuation of this trend.

 
 
JPY / USD

The Yen is trending upwards to the USD. We expect a continuation of this trend.


 

Gold

Gold is trending upwards. We expect a continuation of this trend.



 
WTI Oil

Oil is trending downwards. We expect a continuation of this trend.


 
 
Overnight recap:
 
The US Equity Markets traded positively on Thursday. Energy Stocks profited from gaining Oil prices . Exxon and Chevron in particular, rose 0.5%. The USD rose on the back of good economic data in the USA. Stocks in Asia also traded positively. Again, Energy Stocks were favored, in addition Mining stocks made gains.
 
Today´s numbers (CET)
 
13.00 Uhr:  UK, BoE Interest Rate Decision
14.30 Uhr: USA :Initial Jobless Claims
16.00 Uhr: USA: Factory orders
 
Company news :

DAX: Quarterly results from : Siemens, Merck, Beiersdorf, Pro Sieben Sat.1 
Euro Stoxx:  Quarterly results from: Siemens, Nokia
USA: Quarterly results from:Kraft, Symantec

RoboForex Analytical Department