
Quotes as of 08/11/2019 11:49PM PST according to Yahoo Finance. Quotes should not be taken as real time.
Currently S&P 500 futures are up +0.26% along with the Nasdaq showing +0.47% and the Dow 30 +0.18%. The U.S. market edges slightly higher amongst trade tensions and looming currency devaluing on behalf of China.
The China A50 is currently up nicely with a +1.80% gain, the SZSE is currently up +1.09%. Shanghai is up +1.23%.
Europe is up very nicely with Euro Stoxx 50 futures currently up +0.50%
Currently Japan is only very slightly green with a change of +0.09% in the Nikkei 225.
With reports of July’s U.S. retail sales numbers and industrial production, investors on on edge and awaiting conformation on the ability for the United States to be able to withstand the ongoing escalating trade tensions. Expectations are bullish.
The market also is currently reflecting 25% chance that a larger than 50bp rate cut is likely for next month. A 1/4 point rate cut is presumed for this September 18th.