US Open. Market Overview for 21.09.2016

21.09.2016

Pre-Market

The Standard & Poor`s 500 Future rises by 0.45%. The DAX is trading firmly at plus 1.17%. Largest gaining stocks are in the financial sector, excluding Deutsche Bank. Commerzbank gains 3,73%. The Bank of Japan supported stocks this morning, by deciding to continue their expansive monetary policy. However this will be done in an alternative form. A further decrease in to deeper  negativity has been dropped in favor of leaving 10 year bonds at 0% yield. No rate increase is expected for today´s Fed meeting. Market participant are eagerly awaiting to see how Janet Yellen will possibly communicate this. The USD has retraced down after gaining against the Yen. Gold is trending up and WTI is performing strongly. We expect a higher open on Wall Street.
 

The S&P 500 

The S&P 500 is trending sideways.



 

Nasdaq 100

The Nasdaq 100 is looking to break out 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.