Quick look at how global markets closed out the weekend:
Equity indices showed mixed but mostly flat action. The DAX slipped 0.01% to 24,039, while US markets were marginally red - Dow off 0.04% at 47,920 and Nasdaq down 0.17% to 25,651. London's FTSE held steady at 9,660 (unchanged), and Hong Kong's Hang Seng edged up 0.03% to 26,076. France's CAC gained 0.02% to 8,117, and Australia's ASX ticked up 0.02% to 8,607.
Over in forex, EUR/USD dipped 0.06% to 1.1636.
Commodities painted a slightly bullish picture. Gold inched higher by 0.04% to 4,200, while crude oil had the strongest move - US oil up 0.21% to 60.10.
Pretty calm weekend overall, with energy being the only sector showing meaningful momentum. Worth watching if that oil strength carries into Monday's session.
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GasWastingMaximalist
· 12-07 17:11
Oil prices are moving the most aggressively, while everything else is asleep. We'll see the results on Monday.
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SmartMoneyWallet
· 12-07 17:10
That 0.21% increase in oil prices—the flow of funds behind it is worth analyzing. Everything else is just a game board that retail investors can’t see through.
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MoonRocketman
· 12-07 17:01
It looks like the market is still asleep. The 0.21% increase in oil prices is the only real signal, while everything else is just noise.
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WhaleSurfer
· 12-07 16:49
Oil prices have gone up, which is okay, but everything else is still asleep.
Quick look at how global markets closed out the weekend:
Equity indices showed mixed but mostly flat action. The DAX slipped 0.01% to 24,039, while US markets were marginally red - Dow off 0.04% at 47,920 and Nasdaq down 0.17% to 25,651. London's FTSE held steady at 9,660 (unchanged), and Hong Kong's Hang Seng edged up 0.03% to 26,076. France's CAC gained 0.02% to 8,117, and Australia's ASX ticked up 0.02% to 8,607.
Over in forex, EUR/USD dipped 0.06% to 1.1636.
Commodities painted a slightly bullish picture. Gold inched higher by 0.04% to 4,200, while crude oil had the strongest move - US oil up 0.21% to 60.10.
Pretty calm weekend overall, with energy being the only sector showing meaningful momentum. Worth watching if that oil strength carries into Monday's session.