Nov 20


  • BY:
  • November, 20th, 2013 9:00 +00:00

Good morning,

Yesterday equities in US closed in negative territory but off from their intraday lows. The S&P500 closed at 1787.87, down -3.66 points (-0.20%) and the Nasdaq underperformed the S&P500 and finished the trading session at 3931.55 (-0.44%), down -17.51 points. The DJIA at 15967.03 (-0.06%) lost just -8.99 points.

In Asia  Wednesday  trading session was negative for the Nikkei and it lost -50.48 points at 15076.1 (-0.33%).  The Hang Seng in Hong Kong gained +43.05 points (+0.18%) at 23700.9. The ASX200 underperformed the other gauges and sank to 5307.67 (-0.85%), down 45.24 points after WorleyParsons posted a record tumble.

Today in Europe markets are waiting minutes from Bank of England and Federal Reserve as well and before this catalyst equities are trading in a low volatility environments. It is likely that today we will see an increase of the daily range of most risky assets.

At 8:44 GMT the DAX in Germany is up 4.5 points at 9199.7 (+0.05%) and in UK the FTSE100 is flat at 6692.   The ITA40 is trading below the multiple daily  top 19940, at 18795.

In the currency market EurUsd is flat at 1.3537 and UsdJpy after a drop at 99.88 now still below 100 at 99.96 (-0.16%). GbpUsd  is at 1.6114 (+0.14%) and both Nzd and Aud are losing ground against the Greenback. NzdUsd at 0.8323 (-0.54%) and AudUsd is trading at 0.9391 (-0.44%).

In the commodities arena Gold is trading at 1271 (-0.27%) and Silver is at 20.34 (-0.05%).  Crude oil  is above the technical support 92.5 at 93.56 (+0.24%) and Natural Gas is trading at 3.58 (+0.56%).