The Standard & Poor`s 500 Future is trading weaker at - 0.23%. The DAX has had a volatile morning. Having had a weak start, the better than expected ZEW (Economic Sentiment) data provided a strong up move. This strength however, was brief. US Housing Starts came in 31000 higher thanks expected, leading into a light rebound in the US Dollar. In total the USD has shown larger losses against most currencies (Morning Call). Gold is profiting form the weaker Dollar and Oil is unchanged. We expect a weaker start on Wall Street.
S & P 500
The S&P 500 is in an upward trend. We expect a continuation of this trend.
The Nasdaq 100 is in an upward trend. We expect a continuation of this trend.
RoboForex Analytical Department
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