US Futures in red after worries on global growth

25.03.2019 / 15:23

Rating:

Futures indicate a negative start of the session on Monday, fears being triggered by weak Factory Orders data on Friday, but dropping the accusation of Trump's co-operation with Russia, as well as positive moods from Germany, failed to stimulate investor interest.

Dow will open 0.14% down, S & P 500 down 0.19% and NASDAQ 0.46% down.

Latest data on optimism in Germany IFO unexpectedly exceeded expectations in March after six consecutive negative series, which implies a recovery in the largest economy in Europe.

Investors continue to follow developments around the US-China saga, with the latest round of high-level talks being held in Beijing on 28 March.

Premarket:

Apple (AAPL.US) will open 0.3% on red and today is expected to announce the new Apple service offering video and TV streaming.

Akamai Technologies (AKAM.US) will open 3.8% down after Deutsche Bank lowered its forecast for the hold of "sell".

Trader Velizar Mitov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

US Futures in red after worries on global growth

London

Universal numbers