Crude, Gold, Dow, S&P 500 and Nasdaq
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E-Mini Dow
Stock market futures were falling ahead of economic data that will further illustrate the impact of Trump administration tariffs and policies on consumer spending, inflation, and sentiment.
The Trump administration's tariffs have weighed on stocks, and there are signs of more volatility to come. A broad set of 25% tariffs on steel and aluminum imports is set to begin on Wednesday.
(News Source: DJN)
(News Source: DJN)
E-Mini S&P500
E-Mini Nasdaq
A look at the day ahead in European and global markets from Kevin Buckland
It was a nervy start to the week for markets, led by an uncharacteristically steep decline for Wall Street futures early in the Asian day.
U.S. President Donald Trump seems to be at the centre of investor worries, sidestepping a question in a Fox News interview on Sunday about whether his trade tariffs could trigger a U.S. recession.
(News Source: Reuters)
Plan A: Long only if market retraced but supported firm above 20,087. Targets are 20, 328/20,684. Place a reasonable stop order based on the assessment of the risk and reward ratio.
Plan B: Short if prices failed to support above 20,087. Targets are 20,312/20,013. Place a reasonable stop order based on the assessment of the risk and reward ratio.
WTI Crude Oil
WTI crude oil futures dropped to around $66.6 per barrel on Monday as weak economic data from China and uncertainty over U.S. tariffs fueled demand concerns.
China’s consumer prices fell for the first time in 13 months, while producer price deflation persisted, underscoring deflationary pressures in the world’s largest crude importer.
Oil remains under pressure as President Trump’s shifting tariff policies raised concerns on economic growth and energy demand.
(News Source: Tradingeconomics)
Plan A: Consider short if market rebounded but resilient to 67.20. Targets are 65.71/64.40.
Plan B: Long only if prices retraced but supported firm above 67.20. Targets are 68.11/69.29.
US Gold
Wall Street futures sank and the safe-haven yen and Swiss franc strengthened on Monday as building deflationary pressures in China added to growth worries from a lacklustre U.S. economy and an escalating global trade war.
(News Source: Tradingeconomics)
Plan A: Short only if market resilient to 2,915. Targets are 2,904/2,888.
Plan B: Consider long only if market supported firm above 2,915. Targets at 2,935/2,968.
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.
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