The S&P 500 is unchanged pre-market. The Dax has reversed again, not finding inspiration from higher Wall Street prices. The DAX is down 0.49%. Largest losing stock is Commerzbank, joined by the Automobile Sector. This in itself is remarkable, as the Euro has weakened markedly against the USD since the US presidential elections. In US markets, investors await the publication of the Fed´s last meeting´s protocols. These are expected to an insight to a possible December rate hike on the 14th of December. . The positive markets after the elections have increased chance for the Fed to raise. The USD trade firmer. Gold weakens and WTI Oil softens.
The S&P 500 has broken out to the upside and is in an upward trend
The Nasdaq 100 is in a sideward trend
RoboForex Analytical Department
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