JasonTee92

DOW Futures Soar In Asian Session,Will it Retreats from Upside ?

CURRENCYCOM:US30   Dow Jones Industrial Average Index
Despite the US jobless claim result slightly above the market expectation, Dow Futures surged as the Fed mentioned to keep the rate at the lowest level. Investors should also to keep an eye on the Chicago PMI AUG and Michigan Consumer Sentiment SEP Final, which all data will be released tonight. If the result beats the market estimation, it may trigger the soaring of Dow Futures. However, current price had pushed to the high level before the data released tonight, therefore, it may cause the price reverse when NY open
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