World Stock Markets Today: Positive, but Thin Gains

16 January 2020, (8:48 am IST)

15 January 2020, (10:18 pm EST)

World stock markets are trading positive after the US-China inked the first phase of their trade deal. Only the Shanghai main index is marginally down.

All other Asian stock markets are trading positive, but with thin gains, following the positive closing in US stock markets in their overnight session. SGX Nifty is flat/slightly negative, waiting for Indian stock markets to open and established their trend.

US and European stock futures are trading with slight gains.

The best day trading strategy will be to wait and watch for the intraday range, then trade with the support and resistance levels since the trading range seems to be narrow.

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