The indices in the US will open slightly higher, after the European markets as they were traded with small gains. Yesterdays fall of the indices may not continue and to see again higher prices and possibility of DJIA to reach 20,000 points.
Price of Oil did start to go up again during the European session and if it continues this will support the indices. The USD was not the strongest currency, but it is traded in tight range and it is still holding on to most of its gains. Many investors are closing their positions due to Year End. It is expected the low liquidity to continue.
Gold, Euro and JPY are the strong financial instruments that are up, but still trading in tight ranges.
The more important news are from US - Initial Jobless Claims that came worst than expected and that was negative for the USD. Now we await for the Crude Oil inventories. If that data is better than expected will help the Oil prices and indices. Negative for the USD.
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