<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=174932623114557&amp;ev=PageView&amp;noscript=1">

Calm Amidst Overseas Turmoil: Monday's Market Forecast

Posted by TopstepTrader on November 06, 2017

Markets are unusually calm overnight given some international turmoil in Saudi Arabia - where the Crowned Prince arrested 11 princes in an anti-corruption crackdown and another prince was killed in a helicopter crash. This did little to shake up the Crude Oil ($CLZ7) market - with prices even with Friday's close at $55.70. 

In equity markets, the Nasdaq ($NQZ7) hit a fresh all-time high above 6300 in early trading. The Emini S&P 500 ($ESZ7) is also trading near its all-time highs. For that performance, Gold ($GCZ7) futures are relatively steady, up $2 and back above $1,270 per ounce. 

Want the levels that will impact trading today? Here's Senior Performance Coach John Hoagland with your Market Forecast.

Subscribe to our blog to have these market insights delivered to your inbox every morning. You can also tune in at 8:15 AM CT on Facebook to watch John's Market Forecast LIVE.

 

< Back to Blog

Topics: Market Updates