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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 18.08.2016
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US Open. Market Overview for 18.08.2016

18.08.2016

Pre Market:  

The S& P500 Future is trading  down 0.1%. The Dax is trading 0.3% higher. European Stock are trading higher in general. Oil producer stocks gaining the most, due to higher oil prices. Vestas, the Danish Wind-Turbine producer gained 9.6% after very good quarterly earnings, reaching  a new all-time high. The renewable energy business going very well for Vestas. After presenting good number, Wal-Mart rose 3% in pre-market trading. Initial Jobless Claims rose slightly. The British Pound showed particular strength after very good retail sales data. Gold and WTI Oil rose. We expect a weaker opening on Wall Street.
 

S&P 500

The S&P500 is in an upwards trend. We expect a continuation of this trend.


 
 

Nasdaq 100

The Nasdaq 100 is in an upward trend. We expect a continuation of this trend.




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