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Yuba Sin

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About Yuba Sin

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  1. Dear Trader, It is our pleasure to present you with daily analysis and a list of important events in the week to come. *** U.S. Markets U.S Markets were closed with a positive sentiment yesterday, with all major Wall Street indices closing higher. The U.S. PMI (Purchasing Managers Index) exceeded analysts forecasts yesterday (53.0), posting a reading of 53.4. Dow Jones index futures point to a higher opening. Yesterday, The Dow Jones index was closing at 13,264 +0.40%, the S&P 500 index was closing at 1,419 +0.75% and the NASDAQ index was closing at 3,119 +0.91%. European Markets European Markets were closed substantially Higher yesterday, supported by the positive U.S. PMI results. The German PMI also exceeded analysts forecasts, rising to a level of 48.4, while the French PMI dropped below analysts forecasts to a level of 46.7. Yesterday, The FTSE 100 index was closing at 5,874 +2.31%, the German DAX was closing at 7,056 +1.58% and the France CAC was closing at 3,462 +1.14%. Asian Markets Asian Markets were trading with a positive sentiment earlier Today, supported by the encouraging data for the service sector in China. The Chinese PMI reached a 6 months high, rising to a level of 58.0, any reading above the level of 50 points indicates an expansion in the service sector. Currently, The SSE Composite Index In China is traded at 2,262 +0.47% while the Hang Seng Index in Hong Kong is traded at 20,620 +0.48%, and the Nikkei 225 Index in Japan is traded at 10,051 -0.58%. Commodities & Foreign Exchange The U.S Dollar Index is Lower, Currently traded around 78.78 on a Higher Euro. Crude NYMEX went up by 2.18% , currently traded around $105.04. Gold prices went up by 0.41% , the precious metal is currently traded around $1,676, Spot Silver is currently traded around $33.00. *** As always, we wish you a successful trading week - and look forward to serving all your trading needs. Sincerely, Your team at

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