Higher futures, firm global trend pointing to positive start for U.S. stocks

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Thursday, 07 July 2022 11:42:24 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( [Buy Alert For $2 Coin]( The man who picked Bitcoin in 2014 when it was trading for just $369... picked Ethereum in 2016 when it was trading for just $7, AND even warned his followers of the 2020 crash. Now he believes a tiny $2 coin is set to SOAR! Maybe even as soon as this month. So if you missed Bitcoin and Ethereum... this could be your final chance at mind boggling crypto gains. Learn how to get in front of this massive opportunity. [Click here now before it's too late.]( --------------------------------------------------------------- US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( Modestly higher U.S. futures, and firm European markets point to a positive start for stocks on Wall Street Thursday morning. The Dow futures are gaining about 0.5 percent, the S&P 500 futures are up 0.31 percent and the Nasdaq futures are rising 0.34 percent. The market is likely to react to data on U.S. private sector employment for the month of June, initial jobless claims for the week ended July 2nd, and a report on international merchandise trade for the month of May. Data released by the Commerce Department shows U.S. trade deficit narrowed to $85.5 billion in May of 2022, from $87.1 billion a month earlier. Exports were up 1.2 percent or $3.0 billion in May from a month earlier, to $255.9 billion, while imports increased to $341.4 billion in May from $339.5 billion in April. Data from the Labor Department showed initial jobless claims rose to 235,000 in the week ended July 2nd. On a non-seasonally adjusted basis, initial claims rose by 11,919 from the previous week to 219,507. Weekly crude inventory data from the Energy Information Administration (EIA) is due at 10:30 AM ET. U.S. stocks settled modestly higher on Wednesday, gaining in strength in late afternoon trades after the minutes from the Federal Reserve's latest monetary policy meeting showed the central bank was committed to bringing down inflation. The minutes said the members of the central bank said there would be another 50 or 75-basis point move in the July meeting. The minutes also said that the participants continued to anticipate that ongoing increases in the target range for the federal funds would be appropriate to achieve the monetary policy committee's objectives. Technology stocks had a good outing once again, extending gains from the previous session. The major averages all ended on the positive side after moving along the flat line for much of the day's session. The Dow settled with a gain of 69.86 points or 0.23 percent at 31,037.68. The S&P 500 ended higher by 13.69 points or 0.36 percent at 3,845.08, while the Nasdaq closed higher by 39.61 points or 0.35 percent at 11,361.85. --------------------------------------------------------------- ["I only trade ONE stock & I NEVER worry about..."]( The name of the ONE stock (ticker symbol and all) that has helped over 170,000 people discover how to gain their financial freedom... [Learn more]( --------------------------------------------------------------- Europe European stocks are up firmly in positive territory, extending gains from the previous session after the FOMC meeting minutes showed that policymakers are determined to tame soaring inflation. Strong earnings guidance from Samsun Electronics for the second quarter, and commodity prices' fall from recent highs also contribute to easing worries about inflation. The British pound strengthened against the dollar after Prime Minister Boris Johnson said he will resign, following an unprecedented wave of resignations from his government over the past two days. Shares from, energy, mining and banking sectors are among the most impressive gainers in European markers. --------------------------------------------------------------- [#1 Crypto to buy in 2022]( A groundbreaking new $30 Trillion shock wave is taking the crypto world by storm... and all the smart money is moving ahead of this upcoming shock. Jeff Bezos, Mark Zuckerburg, Mark Cuban and Bill Gates are all moving their money as we speak. But the real story is the tiny $2 crypto situated at the forefront of this $30 trillion wave. [Click here to see the $2 coin leading the way.]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks ended broadly higher on Thursday despite the U.S Federal Reserve's minutes of the meeting held last month indicating a hawkish stance. According to the minutes, officials said an increase of 50 or 75 basis points would be likely at the policy later this month. Investors seem to have veered around to the view that inflation has peaked and a slide in all manner of raw materials prices will mitigate the need for aggressive rate hikes. The Chinese markets posted modest gains despite Shanghai reporting the most virus infections since late May. The benchmark Shanghai Composite index rose 0.27 percent, while Hong Kong's Hang Seng index closed 0.26 percent higher. Japanese shares rallied, with tech stocks leading the surge. The Nikkei average jumped 1.47 percent, while the broader Topix index closed 1.42 percent higher. Seoul stocks advanced after Samsung Electronics said it expects to reach its best Q2 profit in four years. Samsung shares jumped 3.2 percent while the Kospi average rose 1.84 percent today. Australian markets ended notably higher, riding on bank and mining stocks. The benchmark S&P/ASX 200 index gained 0.81 percent, while the broader All Ordinaries index ended 0.78 percent higher. --------------------------------------------------------------- [Watch A.I. Forecast Your Stocks in Less than a Minute]( Artificial intelligence makes trading simple. See what stocks are on the rise this week, and what trades you should probably exit?before it?s too late. Save your seat at our LIVE online demonstration and see your stock forecasted today. [Join LIVE online demonstration]( --------------------------------------------------------------- Commodities In commodities trading, West Texas Intermediate Crude oil futures for August are up $1.01 or 1.03 percent at $99.56 a barrel. Gold futures for August are gaining $4.30 or 0.25 percent at $1,740.80 an ounce. In the currency market, the U.S. dollar is down slightly against the Euro at $1.0189, recovering from $1.0222. The Pound Sterling is stronger against the greenback, with the latter dropping to $1.1973 a Sterling. Against the Japanese currency, the dollar is up marginally, fetching 135.84 yen a unit. --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49