Market Déjà Vu; Good News From China
eToro | Sep 01, 2016 11:12
Highlights
Market Deja Vu
Good news from China
Tomorrow Tomorrow
Please note: All data, figures & graphs below are valid as of September 1st. CFD trading carries risk to capital and losses may exceed deposits.
Overview Deja Vu
The markets are looking a lot like they were yesterday. US stocks are slightly down, about a quarter percent. European Indices are up, shy of 1%.
In Asia this morning, the Nikkei 225 is up, the S&P/ASX 200 is down, and HS CHINA 50 isn't doing too well despite some strong manufacturing numbers, down by almost 0.5%.
Volatility remains constant with the VIX reading approximately 13.50
The US Dollar Index is slightly stronger today and in response Gold and silver are way down. Gold is even testing the $1300 level, currently at 1305.
Crude Oil is also down against the buck, now exactly in the middle of its range at $45 a barrel.
The Main Event
Will no doubt be the US Non-farm Payrolls tomorrow afternoon. Those of you who've been paying attention know the importance of this one.
We could get some action today off of the UK PMI numbers coming out soon or surrounding the US ISM this afternoon so let's see what happens.
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