The S&P 500 is trading down -0.8%. The Dax gains -0.38%, supported by positive economic data in form of the ZEW indicator. The Center for European Economic Research (ZEW), announced that the economic forecast for the next 6 months stays unchanged at 0.5%. Economists expected an increase. Negative aspects were on the export side of data, in particular, countries outside of the EU. Still, the data in total, show a sound economy for the next months. In the US, everything is revolving around the Fed and the speculation of higher interest rates. Adding to this, are the various comments made by various regional Fed members. Wall Street open weaker. The USD is gaining, WTI Oil is very weak and Gold is up.
The S&P500 is in a downward trend.
The Nasdaq 100 is in a downward trend.
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.
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.