Global Indices on friday closed neutral or bearish on friday with majority of major European and US indices closing downtrend influenced by the negative grip similar to Asian markets during the second half of trading session on fears induced from expected N.Korean Nuclear test on Sept.09.2017. US markets however also had additional woes due to Hurricane Irma’s trajectory towards Florida and possible damage estimation which resulted in US dollar Index hitting lowest since January 2015.
Dow 30 closed on friday at 0.06% uptrend however NASDAQ and S&P 500 closed for the day at -0.59% and -0.15% decrease in value and EURO STOXX 50 and FTSE 100 closed on friday at -0.02% and -0.26% decrease in value. Market opened on Monday with uptrend momentum as global tensions eased down due to N.Korea decisions on refraining from Nuclear test on 09.09.2017 choosing to celebrate 69th anniversary of founding of the nation and honoring the scientists from nuclear program.
This has resulted in positive performance of US dollar index in Asian markets since market opened today morning. Major Indices across Asian and Australian market has been trading uptrend since market opened early Monday morning across time zones. FTSE STI , NIKKEI 225 and HANG SENG are currently trading at 0.18%, 1.47% and 0.97% with uptrend momentum.View Full Artcile With Comments