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Futures slightly higher ahead of Yellen speech (news: 19/12/16)

Today's Press

  • U.S. stock index futures were slightly higher on Monday as investors awaited a speech by Federal Reserve Chair Janet Yellen, less than a week after the Fed raised interest rates for only the second time since the financial crisis.

  • The greenback surged to its highest since January 2003 against a basket of currencies last week and threatened parity with the euro, after the U.S. Federal Reserve hinted that rates could rise as many as three times next year.

  • Futures climbed as much as 1.2 per cent in New York after rising two per cent on Friday. Libyan oil-facility guards have backtracked on an agreement to allow supply to flow from the El Feel and Sharara fields, two of the country's biggest, according to an engineer that operates El Feel.

Next trading day's important events

Forex Quotes:

  • USDJPY: 117.12
  • EURUSD: 1.0415

Indices:

  • S&P 500: 2,258.07
  • NASDAQ : 5,437.16

 

Attention:

Forecasts which are made in the review constitute the personal view of the author. Commentaries made do not constitute trade recommendations or guidance for working on financial markets. Alpari bears no responsibility whatsoever for any possible losses (or other forms of damage), whether direct or indirect, which may occur in case of using material published in the review.

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