{"id":117026,"date":"2017-11-24T07:42:14","date_gmt":"2017-11-24T12:42:14","guid":{"rendered":"http:\/\/countingpips.com\/?p=117026"},"modified":"2018-06-01T15:49:07","modified_gmt":"2018-06-01T15:49:07","slug":"thin-trading-expected-as-us-markets-reopen","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/11\/thin-trading-expected-as-us-markets-reopen\/","title":{"rendered":"Thin trading expected as US markets reopen"},"content":{"rendered":"
November 24, 2017<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

US stock indices futures up<\/h2>\n<\/div>\n<\/div>\n

US markets<\/b>\u00a0reopen today after Thanksgiving holiday. Stock index futures point to markets opening higher. Trading closes early today with roughly half of normal trading volumes expected. The dollar weakened yesterday as Fed minutes indicated the pace of future rate hikes may be slower as policymakers are wary of sluggish inflation: the\u00a0live dollar index<\/a>data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, ended 0.2% lower at 93.1.<\/p>\n

\n
\n

Euro-zone data support European stocks<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>ended marginally higher paring earlier losses on Thursday on positive economic data. The\u00a0euro<\/em>extended gains against the dollar while\u00a0British Pound\u00a0<\/em>ended lower. The Stoxx Europe 600 index rose less than one point. Germany\u2019s\u00a0DAX 30\u00a0<\/a>lost 0.5% to 13008.55 after 1.2% loss Wednesday. France\u2019s\u00a0CAC 40\u00a0<\/em>rose 0.5% while UK\u2019s\u00a0FTSE 100<\/em>slipped less than 0.1% to 7417.24. Indices opened higher today.<\/p>\n

\n
\n

Positive economic reports supported stock indices: euro-zone services and manufacturing activity beat forecasts as the Composite Purchasing Managers Index for November rose to 57.5, its highest level since April 2011. Germany\u2019s gross domestic product grew at a 0.8% quarter-to-quarter rate in the three months through September, confirming preliminary growth estimates. And France\u2019s manufacturing confidence rose to a fresh decade high, in line with expectations.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Asian markets up<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today.\u00a0Nikkei\u00a0<\/em>rose 0.1% to 22552 supported by renewed yen weakness against the dollar. Chinese stocks are rising paring earlier losses after People\u2019s Bank of China injected a net 20 billion yuan ($3.04 billion) into money markets after Thursday\u2019s 100 billion yuan. The\u00a0Shanghai Composite Index\u00a0<\/em>is 0.01% higher and Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>is up 0.5%. Australia\u2019s All Ordinaries Index is down 0.1% despite weaker Australian dollar against the greenback.<\/p>\n

\"NIKKEI\"<\/p>\n

\n
\n

Oil advances<\/h2>\n<\/div>\n<\/div>\n

Oil futures prices\u00a0<\/b>are edging higher today on tighter US supply after shutdown of the 590,000 barrel per day Keystone crude oil pipeline from Canada to the United States. Prices were little changed yesterday: Brent for January settlement fell 3 cents to end the session at $63.29 a barrel on Thursday.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets US stock indices futures up US markets\u00a0reopen today after Thanksgiving holiday. Stock index futures point to markets opening higher. Trading closes early today with roughly half of normal trading volumes expected. The dollar weakened yesterday as Fed minutes indicated the pace of future rate hikes may be slower as policymakers are wary of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-117026","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=117026"}],"version-history":[{"count":4,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117026\/revisions"}],"predecessor-version":[{"id":117038,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/117026\/revisions\/117038"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=117026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=117026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=117026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}