U.S. Labor Day Holiday

U.S. markets will be closed today for the Labor Day holiday. Forex markets will be open as normal but will likely be quiet. Other global markets that we trade at LS Trader, such as the Dax and the Nikkei 225 will be open as normal.

Trading volume and volatility will likely pick up from tomorrow as traders and fund managers return to their trading desks. This month in particular promises to be an interesting one for various reasons, not least because stocks are at all time highs and that September is historically the weakest month of the year for stocks.

Good trading

Phil Seaton

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