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10 Dec 2014
US stocks to open slightly lower
FXStreet (Mumbai) - The action in the US index futures shows the stock markets in the US are likely to open marginally lower following a mixed performance in the previous session.
At the time of writing, the DJIA futures are down 0.21%, while the S&P 500 futures are down 0.22%. Meanwhile, the NASDAQ futures and the Russell 2000 futures have weakened 0.10% and 0.18% respectively. Moreover, the VIX futures, which are up 1.68%, indicate the markets are likely to be risk averse at the opening bell.
Continued weakness in the Greek stock market may generate some negative sentiment, although the likelihood is low since major European equity indices are trading in the red. Moreover, the trading on the Wall Street is likely to be lackluster due to the absence of market moving data releases today.
In overseas trading, Asian markets registered a mixed performance. The Japanese markets fell 2.25%, while the Shanghai Composite gained 2.95. Meanwhile, European equities have inched higher today. The Germany’s Dax is trading 0.8% higher, while the CAC is up 0.2%. The London’s Ftse is up 0.1%.
Meanwhile, Crude prices are falling once again as the OPEC group now sees the demand for its Crude in 2015 at a 12-year low. The group revised its forecasts for non-OPEC supplied higher, while mentioning a fall in global consumption.
At the time of writing, the DJIA futures are down 0.21%, while the S&P 500 futures are down 0.22%. Meanwhile, the NASDAQ futures and the Russell 2000 futures have weakened 0.10% and 0.18% respectively. Moreover, the VIX futures, which are up 1.68%, indicate the markets are likely to be risk averse at the opening bell.
Continued weakness in the Greek stock market may generate some negative sentiment, although the likelihood is low since major European equity indices are trading in the red. Moreover, the trading on the Wall Street is likely to be lackluster due to the absence of market moving data releases today.
In overseas trading, Asian markets registered a mixed performance. The Japanese markets fell 2.25%, while the Shanghai Composite gained 2.95. Meanwhile, European equities have inched higher today. The Germany’s Dax is trading 0.8% higher, while the CAC is up 0.2%. The London’s Ftse is up 0.1%.
Meanwhile, Crude prices are falling once again as the OPEC group now sees the demand for its Crude in 2015 at a 12-year low. The group revised its forecasts for non-OPEC supplied higher, while mentioning a fall in global consumption.