Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 06.09.2016
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




US Open. Market Overview for 06.09.2016

06.09.2016

Pre Market:

The S&P 500 is trading slightly higher at +0.07%. The Dax gains 0.4%. Today´s best performing stock in the DAX is Fresenius, gaining 4%. Fresenius has announced the take over of a Spanish hospital operator, gaining approval from investors. Otherwise, speculation on interest rates remains the dominant subject for markets. The ECB meets on Thursday, a few market participants are expecting further monetary expansion. Investors are looking to the US markets with suspense, the usual summer doldrums in markets mostly ending after Labour Day. We expect a higher start to Wall Street. The USD is trading down to the Euro and Yen. Gold rises 0.54% and WTI Oil drops 0.7%.

The S& P500

The S&P500 is in an upwards trend. Short term we are in a sideways move. Resistance is at 2197 and support is to be found at 2150.

Nasdaq 100

The Nasdaq 100 is in an upward trend. Short term we see a sideways move. Resistance is at 4837 and support is to be found at 4767.

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.