Nasdaq 100 futures hit a fresh all-time high as investors sentiment turned positive after comments from President Donald Trump eased traders concerns about a broader conflict in the Gulf Region. An Iranian Commander said that the missile strikes aim was not to kill U.S. personnel. The Dow Jones futures are 0.27% higher at 28,851, while the S&P 500 futures are 0.26% higher at 3,268.
Traders will focus today on Initial Jobless Claims and Continuing Jobless Claims due at 13:30GMT. The Canadian Building Permits (m/m) will be released at 13:30GMT.
Yesterday Dow Jones was ahead 0.56% at 28,745; the broader S&P 500 was up 0.49% at 3,253, while the NASDAQ 100 was 0.67% higher at 9,129.
European indices continue higher today. The DAX Index is 1.15% higher at 13,472, 75 points away from all-time highs. The CAC 40 is 0.20% higher at 6,043 while the FTSE MIB is 0.79% higher at 24,020.
In the economic data today we had German Industrial Production s.a. (month over month) which came in at 1.1%, beating expectations of 0.7% in November, the yearly reading also beat forecasts as it came in at -2.6%. The Germany Trade Balance registered at €18.3B below estimates of €20B in November.
The Unemployment Rate in European Monetary Union came in at 7.5% in line with forecasts in November.
Read our Best Trading Ideas for 2020.
In London the FTSE 100 is 0.40% higher at 7,605 after the Bank of England Governor Mark Carney said that could act immediately with 250 basis points cuts if needed through traditional cuts as well as quantitative easing and forward guidance.
Asian indices finished higher, the Nikkei 225 finished 2.31% higher at 23,739. The Hang Seng finished 1.68% higher at 28,561, while the Shanghai Composite finished 0.91% higher at 3,094. In Singapore the main benchmark closed 0.05% higher at 3,247.
In crypto markets, bitcoin retreat today and gives up 1.81% at $7,902 testing critical support. ETHUSD gave is 1.52% lower at $138.35. Litecoin is 0.20% at 45.19, while the XRPUSD is 1.24% lower at 0.2046.
In commodities markets, crude oil return to pre-Iran crisis level. Now the WTI crude oil price is 0.50% higher as investors hope that the oil supply will not be disrupted by the escalation in the Middle East. Gold price trades 0.23% lower at 1,552 as investors dump safe-haven assets for the second day.