After European markets ignored the worst scenario that was possible and came true from the UK election, they rose. We also expect US markets to be up and running.
The investors are turning their attention to the fundamental factors and the rise of the economy. Also the focus is on president Donald Trump after the Comey testimony.
Markets also expect parliamentary elections in France over the next few days, and this may negatively affect the indexes.
Traders continue to be negatively affected about the petrol because of the large amount of reservs, and if the price continues to fall, it may be negative for the indices.
USD has stabilized and is traded with a rise to some of the other currencies. We remain cautious and we are looking for clear signals for long the dollar's long and especially USD / JPY. The Japanese currency remains strong, but is likely to weaken with a decline in political uncertainty. Together with the yen, gold also fell due to a stronger dollar and higher risk.
The three indexes DJIA, S & P 500 and NASDAQ are expected to launch today's trading session with a rise, but are likely to decline later in the session.
Trader - Senan Fuchedzhiev
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