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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 09.11.2016
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US Open. Market Overview for 09.11.2016

09.11.2016

Pre-Market

The S&P 500 is 1.3% lower in premarket trading. It is a day of many surprises. Donald Trump unexpectedly became the 45th president of the United States. The S&P 500 traded limit down at -5% in global overnight trading. Asian markets slumped and the Mexican Peso lost 13% against the USD. Investors piled in to safe haven Gold, which rose 3%. The DAX opened down 2.9%, this level being the day´s low. By lunchtime, German stocks retraced strongly, the DAX now only trading 0.66% weaker.  Major gainers in the DAX are pharmaceutical companies, as such Fresenius rises 3.36%. We expect Wall Street to open lower. The USD loses 1.33% to the Yen and gains slightly to the Euro. Gold trades up 2.38% whilst WTI Oil is unchanged.

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.