The major US indices are trading mixed with the Dow industrial average higher, the S&P modestly higher in the NASDAQ index trading lower.
A snapshot of the market shows:
- Dow industrial average up 191.82 points or 0.62% at 31274.39
- S&P index up 11.69 points or 0.31% at 3764.45
- NASDAQ index -42.824 points or -0.39% at 10816.87
- Russell 2000 down -1.612 points or -0.09% at 1740.60
looking at the US debt market, yields are trading higher:
- 2 year 4.511%, +3.2 basis points
- 5 year 4.366%, +2.1 basis points
- 10 year 4.225%, +0.4 basis points
- 30 year 4.356% +1.4 basis points
looking at other markets:
- spot gold is trading down $8.72 or -0.53% at $1647.82
- spot silver is trading down $0.24 or -1.29% at $19.14
- WTI crude oil is trading at $84.88. That's down $0.16 on the day
- The price bitcoin is trading at $19,382
looking at the forex:
- EURUSD remains between its 61.8% retracement of the October trading range at 0.98578 on the topside and the 100 hour moving average at 0.9809 on the downside
- GBPUSD remains above its 100 hour moving average 1.12592 and 200 hour moving average 1.12446. We currently trade at 1.1289. There is a risk level above between 1.1350 1.13835
- USDJPY also trades between its 200 hour moving average below 148.66 and 100 hour moving average above the 149.53. The price trades at 149.153.
- USDCAD is up on the day but remains below its 100 hour moving average currently at 1.3743.