US Open. Market Overview for 20.09.2016

20.09.2016

Pre Market:

The Standard & Poors 500 Future trades up 0.39%. The DAX is in positive territory, trading +0.52%. The interest rate decision moves closer and will be revealed tomorrow evening at 08:00 CET by Janet Yellen. Investors remain calm ahead of the announcement. Today´s highest gaining stock is Bayer, after losing ground on the Monsanto takeover. Deutsche Bank remains on a week footing, losing -1.79% and remaining the weakest performer in the DAX. Relative to other European indices, the DAX is outperforming. Currencies are calm ahead of the Fed meeting, Euro and Yen being almost unchanged against the USD. Whilst WTI Oil loses 0.67%, Gold is unchanged. We expect a higher open to Wall Street.
 

S& P500

The S&P500 is in a downward trend.




Nasdaq 100

Nasdaq 100 is ahead of a possible breakout to the upside.



RoboForex Analytical Department


Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.