US stocks continue their move to the upside in premarket trade as markets digest CB hikes

As the Lagarde press conference continues, the major US stock indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are continuing their run to the upside. The premarket levels are implying:

• Dow Industrial Average up 45 points
• S&P index up 40 points
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index up 250 points. Yesterday the NASDAQ index surged by 231.77 points or 2.0%.

In the US debt market, yields are lower:

• two year 4.048%, -6.1 basis points
• five year 3.433% -6.2 basis points
• 10 year 3.352% -4.5 basis points
• 30 year 3.526%, -2.5 basis points

Gold is not following the rates as it has fallen $4.30 at $1946. Crude oil is lower trading at $76.30 currently

While the EURUSD dipped to the January high at 1.09288, it also found support buyers against that level. The pair currently trades at 1.0952.

The GBPUSD which fell to a low of 1.2263 after the comments from BOE's officials, that level was just short of the January 24 low of 1.2262. The price has since moved back up to 1.2312 currently.

So support levels are holding in both the EURUSD and the GBPUSD.