US Open. Market Overview for 18.10.2016

Pre-Market:

The S&P 500 is trading up 0.62% pre-market. The DAX is very firm, rising 1.22 % on the back of the positive S&P future and hopes of further expansive monetary policy by the ECB on Thursday. Largest gaining stock is RWE, which rises 3.69%. The only losing stock in the DAX is Continental, who released bad figures. Good company results were seen in the USA. Black Rock and Goldman Sachs both released figures, which were better than expected. We see a higher open to Wall Street. Gold and WTI Oil are firmer, whilst the USD is unchanged.

S&P 500

The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.

Nasdaq 100

The Nasdaq 100 is in a sideways trend. Resistance is at 4900 and support is seen at 4800.




RoboForex Analytical Department