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- The sentiments before the Asian markets opening bell seem positive
The sentiments before the Asian markets opening bell seem positive
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Loading...US stock index futures are pointed to open higher today. DJIA is expected to open 24 points up at 21 397.1, the S&P 500 up by 3 points at 2435.93 and Nasdaq 8 points up at 5684.8.
We look forward to strengthening the euro as Macro gains majority in the parliamentary elections and will push its policies that support the single currency. Angela Merkel is expected to win in Germany, which is also positive for the European currency.
Money managers pared their net-bullish wagers in the metal for the first time in four weeks. The next day, the move was
vindicated when Federal Reserve Chair Yellen raised U.S. interest rates and sparked the biggest weekly loss for gold
prices in more than a month. The dollar also remains among the strong currencies for now.
Yellen expressed confidence that an ever-tightening job market will eventually lift wages and inflation, but not
everything is rosy with the U.S. economy. Even before the Fed meeting ended on June 14, the Commerce Department released figures showing retail sales fell in May by the most since the start of 2016. A day later, separate data showed factory output declining, while homebuilder sentiment slipped.
Jr Trader Ivan Ivnaov
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