A slowdown in economic activity
The Index of manufacturing activity in the Chicago area, which considered to the barometer state of the US economy, fell last month by 4.3% – 51.5 points compared with the level of 55.8 points in July.
This is the sharpest decline since February.
The US housing is rising
Contracts for the sale of US homes jumped in July, it was the second highest figures in a decade.
The resilience of the labor market and low mortgage rates have supported demand.
The Wall Street expectations are of a stability at the start of the trading day after a positive US jobs data
According to the ADP employment survey the US economy added 177 thousand new jobs in August.
The European stock markets traded positive trend for the second day in a row and are on their way to a second consecutive monthly increase, due to the continued recovery in bank shares on the Euro zone.
The investors around the world vigilant, among others, ahead of the US employment report on Friday, and earlier report may be a clue via the ADP survey, which will be published today.
The unemployment rate in the Euro zone remained at 10.1%, while the expectation was to a decrease of 10%.
This figure is in contrast to data released today in Germany and Italy which indicated of a decline in unemployment levels in these countries.
The European stock markets trading is conducted with declines, after the stock markets have closed yesterday on a positive trend.
FTSE decreasing by 0.1%, the DAX decreasing by 0.3% and the CAC retreated by 0.1%.
From data released by the Ministry of Economy Trade and Industry in Japan indicate that there was no change in industrial output in Japan after the surge in output recorded in June.
Although the data do not indicate of economic decline, they point to the instability of the economy in Japan.
Wall Street stock markets traded steadily due to the continued uncertainty surrounding future interest rate policy of the Federal Reserve.
The Indices S&P 500 and the Dow Jones traded almost unchanged, the Nasdaq climbed by 0.1%.
Apple’s value is expected to be cut by 10 billion after the the European Commission ruled that tax haven of consumer electronics giant in Ireland is illegal, and ordered the company to pay retroactive taxes amounting Ireland 13 billion euros (14.5 billion dollars).
The stock drops by 1.7% in trading before the opening day on Wall Street.