Positive start for the Asian markets

The indices will open higher during the Asian session, following the positive sentiment from the U.S. trading session, with S&P 500 and Nasdaq closing on higher ground. Nasdaq reached record levels of 6,129.14. Oil's price climbed to $47.47 per barrel, which effected positively the indices. We expect this tendency to last during the Asian hours.

President Donald Trump fired FBI's director, and South Korea has a new President. The markets remained calm during these events. The RBNZ left the interest rates unchanged at 1.75% and announced, that the low rates will remain for a long time. NZD fell with around 1% after the announcement.

With the decline in NZD, the greenback edged higher, as well as Oil, however the commodity doesn't seem to be capable to keep this bullish movement. The common currency weakens after Macron's victory in France. The decline in commodities prices continues with the Gold, Silver, Soybean and Copper.

Nikkei will open higher at 19,948 and ASX 200 will open at around 5,904

Senan Fuchedzhiev - Trader

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