Financial markets are moving, what’s next in the global markets? 

WORLD HEADLINES – Global stocks rallied for a second day and the dollar weakened amid speculation that policy makers will mitigate the damage of the U.K.’s vote to leave the European Union, including a pause in the Federal Reserve’s tightening cycle.

STOCKS –  Futures on the S&P 500 Index rose 0.6 percent after the U.S. benchmark jumped 1.8 percent in the last session, its best performance in almost four months.

BONDS – The yield on 10-year Treasuries lost one basis point to 1.46 percent. U.S. government debt has returned about 5.5 percent so far this year, poised for the biggest back-to-back quarterly advance since 2011.

COMMODITIES –  U.S. oil inventories fell by 3.86 million barrels last week, the American Petroleum Institute was said to have reported, ahead of government data due on Wednesday.

CURRENCIES – Sterling advanced for a second day against the dollar as investors await Britain’s plan for its extrication from the 28-nations bloc.

ECONOMIC DATA –  Day 2 EU Economic Summit, US Personal Spending m/m due at8:30, Pending Home Sales m/m at 10:00, Crude Oil Inventories at 10:30, Bank Stress Test Results at 16:30 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 thru Friday.

We are now show casing the new and improved Einstein III automated trading system.

Access is simple, Click on the following link and register as a guest for access.