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Asia Pacific stocks were mostly up on Friday morning, despite the growing dispute between U.S. The Shanghai composite is up 0.27% at 3,372.33 Overall, the Singapore MSCI up 0.85% at 318.90. Over in Hong Kong, the Hang Seng Index up by 0.40% to 26,226. In Japan, the Nikkei 225 down 0.16% to 25,500, while the Topix index was up 0.23% to 1725. South Korea’s Kospi up 0.05% to 2548.60. Australia S&P/ASX 200 down 0.12% to 6539.2.

European equities Thursday closing. The DAX futures contract in Germany traded 0.88% down at 13086.16, CAC 40 futures in France down 0.67% at 5449 and the UK 100 futures contract in the U.K. down 0.80% at 6,314.3. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.15% to 29483 the S&P 500 up 0.39% to 3581.9 and the Nasdaq Composite up 0.87% to 11904, NYSE closes at 13863 up 0.40%.

In the Forex market, GBPUSD up 0.17% at 1.32779. The USDJPY up 0.05% to 103.784. The USDCHF down 0.06% at 0.90972. EURUSD up 0.09% at 1.18838, EUR/GBP flat at 0.89489. The USD/CNY down 0.07% at 6.5744, at the time of writing. In the commodity market U.S. Gold futures up 0.33% at $1,867.8. Elsewhere, Silver futures up 0.84% to $24.25 per ounce, Platinum up 1.18% at $962 per ounce, and Palladium up 0.82% to $2,359.9. Crude Oil down on Friday, Brent crude oil down 0.18% to $44.10 a barrel while U.S. West Texas Intermediate (CLc1) is flat at $40.01.

In the Cryptocurrency Markets, BTCUSD at 18118 up 1.64%, Ethereum at 484.46 up 2.7%, Litecoin down 0.58% at 81.17, at the time of writing.

TOP STOCKS TO WATCH OUT TODAY:

TESLA Inc up 2.595% at $499.27, XILINX Lab. up 3.006% at $132.96, VERTEX Pharma. down 2.025% to $211.97, CHEVRON Corp up 1.721% to $85.73, 3M Co up 0.959% to $171.61, APPLE Inc up 0.517% at $118.64.

Economic news: US: A gauge of sentiment among U.S. consumers advanced for a third straight week and matched the highest level since April as households grew a bit more upbeat about their finances, the economy and the buying climate. The Bloomberg Consumer Comfort Index rose 1.8 points to 49.8 last week, matching a mid-September reading that was the strongest since early April, data released Thursday show. The improvement coincided with welcome developments on the coronavirus vaccine front that put the world one step closer to putting the pandemic behind it.

Eurozone: European Union leaders clashed briefly on Thursday over a veto by Poland and Hungary of the bloc’s 1.8 trillion euro plan to recover from the recession caused by the COVID-19 pandemic, but agreed in a virtual summit to allow more time for an agreement.

The veto is likely to delay hundreds of billions in EU funds at a time when the 27-nation bloc is grappling with a second wave of the coronavirus and its economy is likely to shrink in the last three months of the year in a double-dip recession.

Important Data: UK Retail Sales (MoM) (Oct) today at 2:00 this time estimate to be 0.1%, previously which was 1.5%. CANADA Core Retail Sales (MoM) (Sep) today at 8:30 this time estimate to be 0.2%, previously which was 0.5%. US Treasury Department Report today.  

 

TECHNICAL SUMMARY

 

GBPUSD

TRADE SUGGESTION- BUY AT 1.32799, TAKE PROFIT AT 1.33083 AND STOP AT 1.32168  

 

EURUSD

    TRADE SUGGESTION- BUY AT 1.18742, TAKE PROFIT AT 1.18908 AND STOP LOSS AT 1.18650

 

  AUDUSD

    TRADE SUGGESTION- SELL AT 0.72950, TAKE PROFIT AT 0.72773 AND STOP AT 0.73161  

 

USDCAD    

TRADE SUGGESTION- SELL AT 1.30724, TAKE PROFIT AT 1.30454 AND STOP AT 1.30970  

 

EURO STOXX 50

TRADE SUGGESTION- SELL AT 3441, TAKE PROFIT AT 3432 AND STOP AT 3486

 

GOLD  

TRADE SUGGESTION- SELL AT  1863 TAKE PROFIT AT 1857 AND STOP AT 1869

 

CRUDE OIL    

TRADE SUGGESTION- BUY AT 41.81, TAKE PROFIT AT 42.19 AND STOP AT 41.18

 

BTC/USD    

TRADE SUGGESTION- SELL AT 18118 TAKE PROFIT AT  17500 AND STOP AT 18400