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The markets in the US to open slightly lower

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The futures on the indices indicate a lower open but we can see higher price later in the session, with the price of Oil off the lows. The investors are watching the US data for building permits and Housing starts. The situation around the Brexit has become dire with the tragedy around Jo Cox.

One of the Presidents of the FED of St. Louis has said that one rate hike is enough for the US economy through 2018. This uncertainty is effecting the markets in negative way. The volatility is high. The Asian markets closed higher during their session.

The dollar has slipped again and the price of Oil has gone up to $47 per barrel. Gold trades higher at $1288 after a correction. The relative uncertainty helps the metal.

 

 


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