The Wall Street stock exchanges are expected to join the positive sentiment from Europe as the contracts futures on New York’s leading indicators are rising by 0.5%.
Month: July 2016
Market News Briefing – 13:00
Drama in the UK is pushing the market:
Britain’s interior minister Theresa May is expected to be declared the winner in the race to head the Conservative Party and prime minister.
The financial markets react to the decision with price hikes when the focus of interest in the GBP who went from a decrease of 0.2% to a rise of 0.3% in under an hour.
Market News Briefing – 09:00
European markets opened the trading day today with gains.
The English FTSE rising by 0.5% and the French CAC strengthened by 0.6%.
The British finance minister George Osborne traveled today to New York to calm investor fears about the Exit of Britain from the EU.
Market News Briefing – 08:30
Amazon close to be the one of the five largest companies in the USA
Amazon’s market value touched last Friday the bar of the 350 billion dollars for the first time in its history.
The stock eventually rose by 1.3% and closed at a value of 745.8 million dollars.
Market News Briefing – 13:30
Wall Street stock markets are expected to open with a slight declines due to the continuing concern of investors over the effects of the exit of Britain from the European Union, and in anticipation of the US employment report tomorrow.
Market News Briefing – 12:00
The UK manufacturing output fell in May by 0.5%.
However, it turns out that during the three months before the UK decision to exit the EU, the output grew at the fastest pace in six years.
Between March to May the output increased by 1.9%.
Market News Briefing – 10:00
The European markets are rising this morning.
London rising by 1.1%, Frankfurt rising by 1%, Paris jumped by 1.3%.
Market News Briefing – 09:00
The international rating agency Standard & Poor’s lowered its forecast for Australia’s credit rating to AAA with a negative outlook.
The previous level was of AAA with a stable outlook.
Market News Briefing – 08:30
The protocol of the meeting of the Conference of the open market of the Federal Reserve (FOMC) reveals the concerns of the committee members from adverse developments in the global economy and in the US due to the exit of the UK from the EU, therefore decided to delay rate hikes until clarifications are received.
Market News Briefing – 13:30
The US trade deficit widened by 10% in May to 41.1 billion dollars, a record of three months, compared with a deficit of 37.4 billion dollars in April.
The early forecast was even bigger, a deficit of 42.2 billion dollars.