16 January 2025 Global Index Futures

 Crude, Gold, Dow, S&P 500 and Nasdaq

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E-Mini Dow

US benchmark equity indexes closed higher Wednesday, while Treasury yields plunged as traders parsed the latest consumer inflation report and earnings from major banks.

In economic news, US consumer inflation accelerated in December both sequentially and annually, while core measures came below Wall Street's estimates, according to government data.

(News Source: MT News)

Plan A: Long only if market supported firm above 43, 518. Targets around 43, 782/43, 985.

Plan B: Sell if market rebounded but resilient to 43, 518. Targets around 43, 214/43, 021.

E-Mini S&P500

US stock futures held steady on Thursday following a strong market rally in the previous session, driven by a soft inflation report and solid bank earnings.

The 10-year US Treasury yield also dropped sharply from a 14-month high, retreating to around 4.65%, which further fueled the risk-on sentiment in the market.

(News Source: Trading Economics)

Plan A: Short if prices go rebounded but resilient to 5991. Targets around 5951/5917T.

Plan B: Long if prices are well supported above 5991. argets around 6024/6051.

E-Mini Nasdaq

A Labor Department report showed the consumer price index rose in line with expectations in December. Still, markets were focused on the core CPI figure, which advanced 3.2%, lower than estimates of a 3.3% rise.

(News Source: Reuters)

Plan A: Consider long if market supported firm above 21, 249. Targets are 21,534/21,720. Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Short if prices bounded but resilient to 21, 249. Targets are 20, 881/20, 527. Place a reasonable stop order based on the assessment of the risk and reward ratio

WTI Crude Oil

Oil prices gained for a second session on Thursday, supported by worries over potential supply disruptions amid U.S. sanctions on Russia, a larger-than-forecast fall in U.S. crude oil stocks, and an improving global demand outlook.

(News Source: Reuters)

Plan A: Long if prices supported around 77.50. Targets are 78.69/80.12.

Plan B: Consider short if market breakout below 77.50. Targets are 76.27/75.19.

Gold

Gold prices were steady on Thursday after hitting over one-month highs, as softer U.S. core inflation data lifted expectations that more rate cuts were still on the table, although news of a ceasefire accord between Israel and Hamas capped further gains

(News Source: Reuters)

Plan A: Consider long if market supported above 2683. Targets at 2701/2723.

Plan B: Short if market prices rebounded but failed to support above 2683. Targets are 2655/2636.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of the investment.