S&P 500 : Return of commercial uncertainties
Check out the trading range breakout
3066 / 3100
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After returning some of its gains yesterday at the end of the session, following D. Trump's speech, the S&P500 index should follow Europe's lead and open down by 0.25% today.
The operators thus opt for a few profit taking, with the return of doubts about trade, the American president having been;voiced that an agreement to be signed soon, while remaining open to further lifting customs barriers in the event of a deadlock in discussions.
On the statistical side, the CPI index rose by 0.4% (consensus 0.3%).
Jerome Powell will also speak at 5pm.
Graphically, no change, we will continue to follow the output of the 3066/3100 points to act one way or the other.
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