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.
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.
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.
The Euro zone growth stood at 0.3% in the second quarter.
The French economy froze in the second quarter after the growth rate was 0%.
This negatively data surprised analysts, who viewed a positive growth of 0.2%.
Most European stock markets open the trading day on Friday with a positive trend.
The CAC rising by 0.2% and the Dax by 0.4%, the FTSE lost 0.2%.
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.
The futures contracts on leading indices on Wall Street are signalling on a stable opening of the trading day
Together with the early forecasts, yesterday the Federal Reserve left the US interest rates unchanged.
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.
The US Commerce Department reported that the orders for durable goods in the US dropped in June by 4%.
This is sharpest fall in nearly two years, while economists had forecast a more moderate decline of 1.7%.
A positive opening of the trading day in Wall Street is expected.
The futures contracts on the leading indices traded on the New York Stock exchange are rising up to 0.5%.
The trading on Wall Street last night ended in a mixed trend in tense anticipation to the Fed’s interest rate decision today and the Japanese central bank over the weekend.
The Fed is expected to leave the interest the same level, 0.50%,but investors will try to see whether the tone of the US central bank has changed and will try to extract clues about when the next interest rate rise will be.