Market News Briefing – 13:35 (GMT+1)

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Disappointing growth figure in the US for the second quarter!

The expectation was to an expansion of 2.6% in the US economy, but actual growth was 1.2%.
In response to the US dollar began to fall against other leading currencies.

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Market News Briefing – 13:30 (GMT+1)

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A mixed trend of the trading day is expected on Wall Street

The trading day on Wall Street is expected to open mixed trend with a tendency to decline, due to the continued publication of financial statements of the leading companies.
The growth figure for the second quarter will be released before the opening of trading day and it is expected to vote on expansion of 2.6% in the US economy.

Market News Briefing – 07:00 (GMT+1)

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Investors disappointed with incentives in Japan: Tokyo falls,the Japanese yen is rising

The Asian stock markets trading is conducted with declines in light of investors’ disappointment with the Bank of Japan’s announcement regarding his incentives to the markets.

The Bank of Japan announced that it is increasing slightly the purchase of ETFs,and the extent of acquisition of other assets, which include mainly bonds, will remain at 80 trillion yen (775 billion dollars) a month.

 

Market News Briefing – 08:00 (GMT+1)

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Surprising increase in US oil inventories took down the price of oil.

The Oil prices fell to a low of more than three months following a rise in the weekly crude oil inventories in the United States, the first time in 10 weeks.

The US crude oil inventories increased last week by 1.7 million barrels, while the analysts talked about a forecast of a decline of 2.6 million barrels of crude inventory.