OctaFX | OctaFX Forex Broker
Open trading account

US index futures decline

FXStreet (Mumbai) - US equity index futures declined, signaling a weak start on Wall Street, as the markets are likely to correct after posting record closing levels for five straight sessions.

The DJIA December futures are trading 0.44% lower at 17,488.50 levels, while the S&P 500 December futures are trading 0.42% lower at 2027.95 levels. Meanwhile, the VIX futures are up 2.84% at 14.48 levels.

Moreover, equity futures in the US declined on concerns of moribund global economy and economic stagnation in Europe. The concerns were renewed earlier today after the Bank of England Governor Mark Carney unveiled lower U.K. growth and inflation forecasts.

EUR/USD still lacking directional strength – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet comments that the EUR/USD pair has shown little progress since the day’s start.
Read more Previous

The Bank of England’s Most Moribund Inflation Report – TD Securities

Analysts at TD Securities comment on dovish reaction post BoE’s Inflation Report.
Read more Next
Start livechat