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


1) Moving Into the Red

US stock futures are all heading lower, and the mood is downbeat.

Despite a decent rally on Thursday, market performance over the rest of the week has been lackluster. All the main US indexes look set to close the week with losses.

The main European markets were down by about 1.5% in early trading. Asian markets ended mixed.


2) Oil Slips Further

Oil prices are continuing their downward trajectory, with US crude futures dipping below $59 per barrel.

The Paris-based International Energy Agency cut its forecast for demand growth in 2015.

Oil prices have fallen by more than 40% since June due to a supply glut.


3) Russian Ruble Hits a New Low

The Russian ruble hit a new record low versus the US dollar Friday despite Thursday's interest rate rise -- the fifth this year. The economy continues to be hit from all sides by falling oil prices, Western sanctions and high inflation.


4) Thursday Market Recap

All the main US indexes closed out Thursday with gains, but falling oil prices put a dent in the market rebound.

 

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What is it? It checks the level of a composite index based on surveyed consumers.

Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? December 12th at 9:55am Eastern Time.

 

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

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What is it? It checks the change in the price of finished goods and services sold by producers.

It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer.

When? December 12th at 8:30am Eastern Time.

 

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

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What is it? It checks the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

When? December 12th at 5:00am Eastern Time.

 

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

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What is it? It checks the change in the total amount builders spent on construction projects.

When? December 12th at 4:30am Eastern Time.

 

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

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4 Tips for Today's Trading - 11/12

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What is it? It checks the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

It's a leading indicator of economic health - production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle.

When? December 12th at 12:30am Eastern Time.

 

 

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

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

 

Other top stories:

4 Tips for Today's Trading - 11/12

The Importance of Diversification

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

 

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