Pre-Market Activity: Currencies on the move

Pre-Market Activity: Currencies on the move

Pre-market trading activity and scheduled economic data that may have an impact on the global financial markets. ​

WORLD HEADLINES – The US dollar weakened and government bonds rose on speculation the Federal Reserve will be slow to raise interest rates amid uneven global growth.


STOCKS – S&P 500 futures rose 0.1 percent after U.S. equities closed little changed near a record high on Tuesday.


BONDS – Fixed-income markets are rallying on speculation central banks will continue to keep interest rates low.


COMMODITIES – Gold rose 0.9 percent while silver and platinum added at least 2.3 percent. Crude oil fell 1.1 percent on signs of higher supply.


CURRENCIES – The US Dollar fell 0.5 percent during the overnight trading session. New Zealand’s dollar strengthened 0.9 percent, while Australia’s currency advanced 0.6 percent.


ECONOMIC DATA – US JOLTS Job Openings at 10:00, Crude Oil Inventories at 10:30, 10-y Bond Auction at 13:01, RBNZ Rate Statement at 17:00, RBNZ Press Conference at 18:00, RBNZ Gov Wheeler Speaks at 21:10 ET.


Don’t trade alone, join a group of quant traders in a live trading room.

The Trading Room® TradeLAB live sessions conducted online by the RiosQuant team offer a pragmatic, real world perspective of trading the global markets in real time for the active trader. Trading begins at 8:00 am and ends at 11:00 am ET Monday thruFriday.    

Access is simple, here is how to get started with a two week free trial…

Click on the following link and register as a guest.

Image
COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS.
Close Menu