The S&P 500 is trading up 0.43% pre-market. The DAX gave a strong performance after its three day losing streak, gaining 1.54%. Amongst today´s gaining stocks is RWE, gaining +4.82%. In America, JP Morgan, Citigroup and Wells Fargo released the quarterly result. JP Morgan and Citi showed good results, which exceeded analysts` expectations. Both made good profits on their bond operations. Wells Fargo announced a reduction in profits by 2.6%, due to higher budget provisions. Janet Yellen is due to speak this evening during a conference at the Boston Fed. We expect a higher open to Wall Street. The USD is trading firmer. Gold weakens and WTI Oil rises 0.79%
The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.
The Nasdaq 100 is in a sideways trend. Resistance is at 4900 and support is seen at 4800.
RoboForex Analytical Department
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.