Nov 06


  • BY:
  • November, 06th, 2013 9:01 +00:00

Good morning,

Yesterday US gauges closed off from their lows and the S&P500 closed the trading day at 1762.67 (-0.28%), down -4.96 points. Nasdaq  ended with positive sign at 3939.86 (0.08%), up +3.27 points and the DJIA lost 20.9 points at 15618.22 (-0.13%). In Asia the Nikkei closed up +111.94 points at 14337 (+0.79%) and in Hong Kong the Hang Seng  was trading at 23036.9 (-0.01%), down -2.01 points. In Australia the ASX closed slightly up at 5433.81, up +1.84 points (+0.03%).

This morning in Europe markets are positive thanks to corporate results of ING and Alstom.  In Germany the DAX  is trading at 9039.52, up +30.41 points (+0.34%) and the STOXX50 is doing even better at 3049.59, +13.67 points (+0.45%). In UK the FTSE100 is trading at 6762.21, +15.23 points (0.23%).

In the currency market the EurUsd is trading below 1.35 at 1.3494 (+0.17%) and the UsdJpy is consolidating above 98 at 98.51 (+0.02%).  GbpUsd  failed area 1.61 and now is at 1.6074 (+0.18%).

Precious metals are up today and Gold is gaining 5.31 dollars at 1316 $/ounce (+0.41%). Silver is outperforming the shiny metal and is trading at 21.94 $/ounce (+1.19%).

The economic calendar today  is quite rich and likely many daytrading opportunities will arise during volatility spikes.

At 8.58 the EUR Markit PMI Composite could affect EurUsd morning performance and  in Uk at 9.30 GMT  many data will be released: Industrial  production, Manufacturing Production.  Then in Eurozone at 10 GMT retail sales data and at 11 GMT in Germany Factory Orders can impact both equities and FX market.


In North America at 12 GMT Mortgage Applications  will check  the health of the housing market and in Canada at 13:30 GMT Building Permits are going to be released.  At 15:30 GMT  US data regarding changes in stock of crude oil will be likely a catalyst for the commodity daytrading volatility.