The futures contracts on leading indices on Wall Street signalling on a negative opening of the last trading day of the week, the month of June and the third quarter of 2016.
Month: September 2016
Market News Briefing – Sept. 30th 2016 09:00 (GMT+1)
The European stock markets are down more than 1.5% due to investor fears of the financial condition of the Deutsche Bank.
The CAC is reduced by 2%, the FTSE lost 1.4% and the DAX by 1.8%.
Deutsche Bank shares collapsed by 7.1%.
French consumer price index rose 0.4% annual rate in September, after rising by 0.2% in August , in line with expectations.
Market News Briefing – Sept. 30th 2016 08:45 (GMT+1)
The Asian stock markets closed the trading day with declines.
Nikkei lost 1.5%, Hang Seng dropped by 2%.
PMI manufacturing in China rose to 50.1 points in September, compared with 50 in August and according to the analysts forecasts.
This is the third consecutive month that the index is at the level of 50 points or above threshold that separates expansion and contraction of production in factories.
Market News Briefing – Sept. 30th 2016 07:35 (GMT+1)
The price of the WTI crude oil rose yesterday by 1.7% to 47.8 dollar per barrel, the highest level in the past month.
Market News Briefing – Sept. 30th 2016 07:30 (GMT+1)
Wall Street indices ended yesterday with declines.
The Dow Jones lost 1.1%, the Nasdaq and the S&P 500 shed 0.9% of their value.
Reflecting the drop, the growing concern of investors from the collapse of the Deutsche Bank which fell yesterday by 6.6%.
Since the peak in July 2015, Deutsche Bank’s share price fell 65% to a record low.
Its market value has been cut from 50 billion to 16 billion only.
Market News Briefing – Sept. 29th 2016 14:45 (GMT+1)
Wall Street indices opened the trading day without significant change.
The S&P 500 and the Nasdaq down by 0.1% while the Dow Jones is trading unchanged.
Market News Briefing – Sept. 29th 2016 13:30 (GMT+1)
US economic data:
The US growth in the second quarter stood at 1.4%, versus expectations of a 1.3% figure.
The initial Jobless Claims stood at 254 thousand, compared with an expected 260 thousand.
Market News Briefing – Sept. 29th 2016 13:15 (GMT+1)
The futures contracts signaling about a moderate opening of the trading day today (Thursday) on Wall Street, after yesterday the markets were closed with rising prices. The European markets trading day is of a significant positive trend, after the Asian markets were closed on a positive trend.
Market News Briefing – Sept. 29th 2016 08:15 (GMT+1)
A strong opening in Europe:
The DAX and the FTSE are rising by 0.9%, the CAC rising by 1.3%.
Market News Briefing – Sept. 29th 2016 08:00 (GMT+1)
Japan retail sales fell by 2.1% in August, following a decline of 0.2% in July and while the market expected a decline of 1.7%.
The retreat in retail sales is a further evidence of the deep deflation which exists in the Japanese economy, which struggling to get out of it despite aggressive expansionary policy adopted by the central bank.
