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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 07.11.2016
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US Open. Market Overview for 07.11.2016

07.11.2016

Pre-Market

The S&P 500 gains 1.43% in pre-market trading. German stocks broadly trade positive in to the start of the new week. The DAX gains 1.52%. Main factor is the US political development over the weekend. The head of the FBI exonerated Hillary Clinton over her email affair, her chances of winning the election have so markedly gained. Markets have taken this news with a sense of relief, leading to broad gains. Largest gainers in the DAX are financial stocks, with Commerzbank and Deutsche Bank both gaining over 3%. All 30 DAX stocks are up. The next night will prove exciting, the presidential election decidedly influencing the world. The USD gains strongly, whilst Gold weakens. WTI Oil gains 1.59%.

S&P 500

The S&P 500 is in a downward trend.




Nasdaq 100

The Nasdaq 100 is in a downward trend




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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.