Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations

08:05

There is a mixed trend in the Asian stock markets today. Trading in futures contracts on US stock indices is down slightly.

This is after the leading Wall Street indices closed last night in a mixed trend against the background of President Biden’s decision that Jerome Powell will continue for another term as chairman of the Federal Reserve.

There is no holiday trade in Japan today.

The S&P 500 erased the rise it recorded throughout the evening and lost 0.3%, the Nasdaq erased 1.2% and the Dow Jones closed up with a minimal rise. Yields on US government bonds soared, and the yield on the 10-year bond rose 9 basis points To 1.62%.

In the commodity trading segment, oil contracts are now trading down 1% -1.2%. In the crypto segment, Bitcoin is up about 1% at around $ 56,600 and Ether is up 2% and is trading around $ 4,160.

By Editor

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