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5.07 - very calm markets get us worried today

boats on calm sea


The markets are extremely weird today. It seems that traders as well as the numbers have frozen expecting something and we can’t just see what is there to wait for. Well, of course in USD Segment of the market it is possible that we are going to see huge changes today, but overall the situation is not calling for any caution.

USD is waiting for three very important reports which is either going to be disruptive or is going to give us a lot of possibilities to earn off of such assets as EUR/USD, GBP/USD and gold – those which grow every time the USD falls. But that is not something that we can guarantee for sure. The is something that we have to wait for to be sure that changes really come. Today the greenback is laying low as if waiting for the storm.

Asian segment of the market is also very flat today. Although there is trading, the gains are very thin. So thin that it is possible to claim that Asian segment of the market is flat and doesn’t really move. The same can be said about American and European markets.

American tech and social shares didn’t change at all from yesterday as the markets were closed due to the national holiday in the USA yesterday.

The one active segment for today is commodities. There we can see declines in gold and silver and mixed performance of the oil crude. Well, at least there is movement which is nice to see in our situation.

Here are the changes for today:

Topix was flat.

Kospi had barely moved since yesterday.

Shanghai Composite grew 0.1 percent.

Hang Seng from Hong Kong grew 0.1 percent.

S&P 500 futures added 0.1 percent.

MSCI Asia Pacific was unchanged.

Dollar barely moved against the basket of six major currencies.

Euro was little changed - $1.1282.

Yen was little changed – 107.85 per dollar.

Numbers for American tech and social shares are the same die to the markets having been closed yesterday.

Apple added 0.8 percent - $204.41.

Facebook rose 1 percent – $197.2.

Amazon increased 0.2 percent - $1939 per share.

Tesla added 4.6 percent - $234.9.

WTI lost 0.9 percent - $56.81 per barrel.

Brent rose 0.1 percent - $63.39 per barrel.

Gold decreased 0.1 percent - $1419.8 per ounce.

Silver shed 0.2 percent - $15.3 per ounce.

Platinum advanced 0.4 percent – $838.22