Morning Market Outlook for Monday, August 31st
- 13:00 PM - US Fed Clarida Speech
- 14:30 PM - US Dallas Fed Manufacturing Index
- 14:30 PM - Fed Bostic Speech
- 15:30 PM - US 3-Month Bill Auction
- 15:30 PM - US 6-Month Bill Auction
Markets Summary: Dow Jones futures rose Sunday evening, along with S&P 500 futures and Nasdaq futures. Nasdaq is somewhat extended raising the risk of Pullback. S&P & Nasdaq has Fibonacci timing for a High this week.
Globex Markets Major Indices:
Asia Dow up 16.99 Points
Nikkei 225 up 362.72
Hang Seng up 140.91 points
Shanghai Index up 53.69 Points
Indian Sensex up 353.84 Points
Singapore up 19.82 Points
Correlated Assets - Trading Down with Bonds Leading the Way.
VIX – up 0.02
ZB (Bonds 30Yrs) – down 1″02
Yen – down 0000435
GC (Gold) – down 5
—————-
Dollar Index – down 0.15
CL (crude) – up 0.14
News: Global & Domestic
-RNC convention – Ongoing till Thursday Night
-US Pandemic relief package – In Focus this week
-Lumber prices hit record high
-Corn climbs to 6-week high on US-China