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4 Tips for Today’s Trading - 12/12

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


1) Moving Into the Red

US stock futures are all heading lower, and the mood is downbeat.

Despite a decent rally on Thursday, market performance over the rest of the week has been lackluster. All the main US indexes look set to close the week with losses.

The main European markets were down by about 1.5% in early trading. Asian markets ended mixed.


2) Oil Slips Further

Oil prices are continuing their downward trajectory, with US crude futures dipping below $59 per barrel.

The Paris-based International Energy Agency cut its forecast for demand growth in 2015.

Oil prices have fallen by more than 40% since June due to a supply glut.


3) Russian Ruble Hits a New Low

The Russian ruble hit a new record low versus the US dollar Friday despite Thursday's interest rate rise -- the fifth this year. The economy continues to be hit from all sides by falling oil prices, Western sanctions and high inflation.


4) Thursday Market Recap

All the main US indexes closed out Thursday with gains, but falling oil prices put a dent in the market rebound.

 

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