PROVEN RESULTS

US markets are on track for a modestly lower start. Index futures spent the bulk of the night just below their flat lines, but slipped to lows about an hour ago. The recent downtick took place as markets in Europe retreated to their lows, but for the time being, the key indices there have been able to stay out of the red.

The major Asian bourses ended mixed. Japan's 10-yr yield dipped below the 0.40% threshold for the first time ever after the BSI Manufacturing Index (8.1; expected 13.1) was the latest number to fall short of estimates.

Major European indices have slipped from their highs with Spain's IBEX (-0.1%) dipping into the red. Elsewhere, Bank of England Governor Mark Carney discussed the expected rate path once again, saying rate hikes will be gradual and limited. Mr. Carney also said inflation is likely to dip below 1.0%

Gold climbed today, while Crude oil is lower by 2.2% at $62.45/bbl while copper futures have surrendered 1.0% to $2.899/lb.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading - 10/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 1) Oil Slides

The price of crude oil is off by nearly 2% and trading below $63 per barrel. Oil prices have fallen by nearly 40% since June, which has created a lot of uncertainty as investors try to guess when the price will bottom out.

Falling oil prices have wreaked havoc on the oil industry, but given a boost to travel companies and changed the business landscape for many other sectors.

2) Up or Down?

US stock futures were not making any big moves ahead of the open after staging a massive drop and a subsequent comeback on Tuesday.

The Dow Jones industrial average fell by 222 points before recovering to close with a 51 point loss on Tuesday. The S&P 500 landed barely in the red, and the Nasdaq rose about 0.5%.

3) International Markets Mixed

European markets are mostly rising in early trading, but Greek stocks were edging lower. Furious selling sent the market in Athens down nearly 13% on Tuesday as new elections rekindled worries about a possible default.

Asian markets ended with mixed results. The Shanghai Composite rebounded about 3% after suffering heavy falls Tuesday. The benchmark Nikkei index in Japan slid by 2.3% as data showed a drop in consumer confidence.

4) Earnings Updates

Costco (COST), Lands' End (LE) and Vera Bradley (VRA) will report earnings before the opening bell.

Men's Wearhouse is among the companies reporting after the close.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading - 09/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

When? December 10^th at 7:30pm Eastern Time.

Trading Tip: If the number is lower than the forecast, you can expect the AUD to rise.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading - 09/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter: