US Opening

Written on 06/09/2023


Key Global Events

Trump again under indictment. He has been indicted for refusing to return classified documents found in his home in florida. This new federal indictment could overturn his current run for the presidency.
In China, inflation remained near zero in May. The latest CPI was published at 0.02%.
Last session of a stock market week preparing to close around parity. Appointments for the FED and the ECB are expected next week. 
As for the old continent, the market is betting on a 25 basis point rise. On the U.S. front, Fed funds anticipate that there may be a pause to the cycle of interest rate hikes that has lasted 10 consecutive sessions. 
Major European stock markets continue the day down. Milan's FTSE MIB -0.23%, Paris' CAC -0.28%, Madrid's IBEX -0.28%, London's FTSE -0.53%. Wall Street futures trade in mixed territory within minutes of the opening of U.S. stock markets indicating a possible uncertain start. Dow Jones -0.16%, S&P500 +0.06% and Nasdaq +0.30%.

Forex & Commodities

EURUSD cross -0.18%, GBPUSD +0.08%. Among commodities, oil trades around $71.16 a barrel (-0.16%). Gold trades at 1978 $ an ounce (+0.02%).

Index

Asia's markets traded higher. Tokyo's benchmark Nikkei 225 index resumes the rally of the past few days closing at +1.97%. China's Hang Seng index trades at 19,389 trading at +0.47%. Wall Street futures trade in mixed territory within minutes of the opening of U.S. stock markets indicating a possible uncertain start. Dow Jones -0.16%, S&P500 +0.06% and Nasdaq +0.30%.