Certainly its been a wide reaction in Asia as the direct effect on the single currency in Europe has been favorable towards a Pro-EU French president. This is the initial reaction from Sunday's results.
As of Asian Session 4.24.17
This resulted with a remarkable surge as the #EURO traded with an opening price gap at 1.0918 drifting lower for a corrective session move at 1.0860 which would be traded between bull and bear players as short market squeeze would be deemed to rise due to this event where an increase in market volatility already indicated. An obvious spill over on the E-mini futures market on the SP500, DOW and the NASDAQ would be expected as a positive influence on the initial lead counting into the US trading session.
These sentiments goes in the same manner with the rest of the currency majors; where we find the #USDJPY opening at 110.50 with a spill over effect on the #EURJPY Cross opening at 119.97 with a session high at 120.33. And in addition, these moves have resulted with the NK225 moving towards the 18857 levels.
These sentiments goes in the same manner with the rest of the currency majors; where we find the #USDJPY opening at 110.50 with a spill over effect on the #EURJPY Cross opening at 119.97 with a session high at 120.33. And in addition, these moves have resulted with the NK225 moving towards the 18857 levels.
The Globex market has been a welcome treat for those who have taken advantage on the market's ability to trade the e-mini futures prior to the opening of the US session. The value it brings for investors and futures traders alike is huge. As extended trading hours for the indices can be vital for trading decisions especially with the global time difference between exchanges.
ReplyDeleteAlthough, there are certain distinctions trading equities, indices and the foreign exchange market; but by simply knowing how all these instruments are "CORRELATED' tactical investors and market strategists takes these markets into consideration and seriously take its advantages to improve the investment portfolio.
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