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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 19.09.2016
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US Open. Market Overview for 19.09.2016


Pre Market:

The Standard & Poor`s 500 Future trades higher at 0.46%. The Dax is up 0.83%. Other European indices are outperforming, with the Italian and French markets up 1.74% and 1.4% respectively. Investor are assuming that the Fed will leave interest rates unchanged on Wednesday. Contradictory statements from various regional Fed Governors caused volatility in the last weeks. In regard to recent economic data, a rate hike would be a significant surprise for markets. Oil was able to stabilize, ahead of next weeks meeting on production caps by oil producing countries, in Algiers. The USD weakens and Gold trades slightly higher. WTI Oil gains 1.46%. We expect a higher open to Wall Street.

The S& P500

The S&P500 is in a downward trend..


Nasdaq 100

The Nasdaq 100 is taking position for a possible breakout to the upside.

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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.