LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

US Futures on High possible Trade Opportunities.

U.S. futures rose on Thursday, as investor sentiment improved on news that U.S. President Donald Trump is considering extending a deadline for fresh tariffs on Chinese imports.Trump could extend the March 1 deadline, when U.S. tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25% from 10%, by 60-days, Bloomberg reported earlier.U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer are scheduled to hold talks on Thursday and Friday with Vice Premier Liu He, the top economic adviser to Chinese President Xi Jinping.The S&P 500 futures rose 8 points or 0.30% as of 6:40 AM ET (11:40 GMT) while Dow futures gained 97 points or 0.38% and tech-heavy Nasdaq 100 futures increased 27 points or 0.39%.In commodities, gold futures slipped 0.5% to a three-day low of $1,308.55 a troy ounce, while crude oil rose 1% to a one-and-half-week high of $54.48 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, rose 0.06% to 96.995.

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