Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
S+P 500 futures like those CPI numbers
The reaction across the European and US equity markets to the US CPI data has seen the major indexes here in Europe press a bit higher, but they were already on the rebound anyway. So was the US futures for that matter too. This CPI data, although slightly higher (as expected) has cemented the belief the Fed will cut next week. That said, it is by no means a guaranteed outcome, more so a racing certainty it seems. Anyway the S+P 500 futures are on the rebound into the opening now. To remind the reader, the index closed last night at 6,034.91. It is right now priced to reopen above 6,060
Market News
All News-
EUR/USD edges off lows into and after the German IFO index
Around an hour ago it was a rather uncertain start to European equity trading, but since the opening the major indexes have now forged out some gains... -
S+P 500 hits first rebound target so where to next?
Yesterday, as noted the S+P 500 did make to the first rebound objective, at 5,750. In fact, it eventually pushed past that level and reached a new... -
CAC 40 holds 8k but only just
Yesterday it was a day of two very distinct halves for the CAC 40. Earlier in the day the index rose to 8,114 and seemed on track to kick off the new...
