Wall Street futures trade slightly higher before the market open as investors digest the recent positive developments in trade talks after President Trump’s comments that USA and China are close in signing a trade agreement. Dow Jones Industrial futures trading 0.02% higher at 28,136, the S&P 500 futures trading 0.10% higher at 3,147 and Nasdaq futures adding 0.21% at 8,418 ahead of US GDP figures, Durable Goods Orders m/m, Pending Home Sales and Initial Jobless Claims.
In Asia stock indices finished mostly higher, the Nikkei 225 finished 0.28% higher at 23,437; the Hang Seng finished 0.15% higher at 26,954 while the Nifty registered fresh all-time highs. European stocks trade higher midday after France Consumer Confidence came in at 106 beating forecasts of 103 in November. The Dax index is 0.23% higher, CAC 40 trading 0.03% higher at 5,931. In London, the FTSE 100 trades 0.43% higher.
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In forex markets, the EURUSD trades 0.12% lower at 1.1007 testing the support at 1.10 mark, the AUDUSD is under selling pressure on rate cut speculation, while euro to Sterling trades at 0.8542.
In commodities markets, Crude Oil price trades close to monthly highs while Gold prices trade higher on consumer confidence miss.
Cryptocurrencies continue the rebound from six-month lows, bitcoin consolidates around the 7,000 mark, while Ethereum trades higher at 146.74 and Litecoin adds 1.06% at 47.05.More content
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