The latest UK labor market report:
UK jobless claims change for June: 0.4k compared to expectations of 3.5k
The unemployment rate was 4.9% compared to expectations of 5.0%.
Month: July 2016
Market News Briefing – 09:00 (GMT+1)
SAP shares jumped by 3.5% after the business software giant reported of a jump of 73% in its net profit in the second quarter, thanks to a reduction in expenses and growth in cloud services.
The net profit of the German SAP in the second quarter amounted to 816 million Euros (902 million dollars)
Market News Briefing – 08:30 (GMT+1)
Commodities market
The price of oil rises slightly this morning after it was closed yesterday at a low of ten weeks.
The contracts on WTI crude oil rising by 0.2% to 44.72 dollars.
The contracts for Brent crude oil rising by 0.2% to -46.77 dollars per barrel.
Market News Briefing – 13:30 (GMT+1)
The US Commerce Department said today that the US housing starts in June were up by 4.8% to an annual rate of 1.19 million homes.
This is the highest rate since February and compared with an annual rate of 1.14 million homes in May.
Market News Briefing – 12:00 (GMT+1)
Two and a half hours before the opening of the trading in New York the futures contracts are going down by 0.3%.
Market News Briefing – 09:30 (GMT+1)
The European stock exchanges trading takes place this morning with declines, a continuation to the negative trend in Asia earlier .
In Japan there is a high expectation that the central bank will act to weaken the Japanese yen in order to give incentive the local economy.
Market News Briefing – 08:00 (GMT+1)
Wall Street stock markets closed yesterday with gains.
The indices Dow Jones and S&P 500 ended the trading day at a new nominal height.
Market News Briefing – 15:30 (GMT+1)
Bank of America Corp., the second-largest US bank by assets, reported about a profit of 36 cents per share in the second quarter of this year, compared with a profit of 45 cents a year earlier.
Analysts had a profit forecast of 33 cents per share.
Market News Briefing – 15:00 (GMT+1)
The Euro getting stronger against the US dollar by 0.2% and was trading at about 1.1055 dollars to the Euro.
The Japanese yen weakened against the US dollar by 0.5% and was trading at about 105.43 yen to the dollar.
The British pound strengthened against the US dollar by 0.4% and traded at about 1.3243 dollars to the pound.
Market News Briefing – 12:30 (GMT+1)
The futures contracts point on a rise at the start of the trading week on Wall Street, compared a mixed trend on the European stock markets, and a similar trend in Asian stock markets.
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