
UK – the industrial output in Britain rose slightly in July, 0.1%, according to official data released today.
An increase in the output of oil and gas in the North Sea compensated for the decline in other sectors.

UK – the industrial output in Britain rose slightly in July, 0.1%, according to official data released today.
An increase in the output of oil and gas in the North Sea compensated for the decline in other sectors.

The WTI oil jumps by 0.8% to a price of 45.17 dollars per barrel.
The Brent crude oil which traded in London climbed by 0.7% to 46.47 per barrel, after he jumped to a record last three weeks

The trading on Wall Street stock exchanges closed yesterday on a positive trend at the end of volatile trading day.
The lowest growth since 2010 in the US services sector strengthened expectations that the Federal Reserve will not raise interest rates in coming months.
At the end of the day the Dow Jones and the S&P 500 closed up by 0.3%.
The Nasdaq Composite Index climbed by 0.5% and closed at the nominal height.

The trading day on Wall Street opened with a slight rise at the US markets but an hour later the markets are of a mixed trend.
The background to this change with a view to published data of the ISM Non-Manufacturing sector.
The index showed a decline to 51.4 points, compared with expectations of 55 points and more importantly it shows a drop in momentum in the sector.

USA – August ISM non-manufacturing index 51.4 vs 55.0 expected!

The US futures contracts signaling on a positive opening of the trading day, after the US markets are returning after a long weekend due to the Labor day holiday.

The European stock markets trade is conducted with rising prices after the publication of disappointing retail sales data in the UK and lower factory orders data in Germany. The FTSE rising by 0.1%, THE dax climbing by 0.35% AND THE cac strengthened by 0.2%.

The British Retailers Association released disappointing data of retail sales at existing stores.
According to the figures, the sales dropped between 31 July to 27 August by 0.9% compared to the same period last year.
In the previous month there was a decreased by 1.1% in retail sales.

There is a sharp increase in crude oil prices and at the same time emerging market currencies are getting stronger against the US dollar.
The Aussie added 0.8% against the dollars, the yen weakened slightly to 103.5700 yen to the dollar.

The price of the oil jumps in view the Saudi energy minister which declared about an agreements between Saudi Arabia and Russia
The two of petroleum exporting countries, which accounts to 26% of the aggregate global output, have signed a joint venture to open the cooperation in the oil market. The two sides will monitor the market and join forces in an attempt to block the flux in the oil market over the past year.