
The English pound continuing to weaken, and is losing 0.5% against the US dollar to $ 1.2918 to the pound sterling.
The Euro is also down against the US dollar, by 0.4% to 1.1 dollars per euro.

The English pound continuing to weaken, and is losing 0.5% against the US dollar to $ 1.2918 to the pound sterling.
The Euro is also down against the US dollar, by 0.4% to 1.1 dollars per euro.

The Asian stock markets trade today is conducted mainly by rising prices at the background of weakening the Japanese yen against the US dollar, after inflation data in China were better than the economists’ expectations and managed to allay the concerns of investors regarding the performance of the world’s second largest economy.

The trading on the stock exchanges of Wall Street closed yesterday with a negative trend after a sharp fall in exports from China raised concerns about the strength of global economic growth.
The trading also took place at the backdrop of unemployment and inflation data released in the US.
On a daily summary, the S&P 500 closed down by 0.3%, after having fallen during trading by 1.1% to a low of three months.
The Dow Jones retreated by 0.2%, the Nasdaq lost 0.5%.

Wall Street opens the trading day with declines.
The Dow Jones and the S&P 500 are down by 0.6%, while the Nasdaq lost 0.7%.

The initial jobless claims at the US stood at 246 thousand, below expectations of 254 thousand, and unchanged from the previous week.
This figure continues to maintain the lowest level since 1973.

The futures contracts on Wall Street signalling of a decline of 0.5% with the opening of the trading day today.

The Asian stock markets closed today with declines, after the release of data on a sharp fall in exports to China.
Tokyo fell by 0.4%, Hong Kong lost 1.6%, Shanghai was unchanged , Seoul weakened by 0.9% after the country’s central bank kept the interest rates and lowered the inflation forecast of 1% in 2016.
The Japanese yen strengthened against the וד dollar by 0.4% TO 103.8 yen to the dollar.

The European stock markets started the trading day with strong decline.
The Dax falls at this time by 1.4%, the CAC falls by 1.6% and the FTSE was down 0.7%.

The Brent crude oil is now trading down by 0.8% to a price level of 51.4 us dollar per barrel.
The WTI oil is now trading down by 0.9% to a price level of 49.8 us dollar per barrel.
This morning there was a report about a sharp increase in imports of oil to China.

Serious disappointment in China:
The exports from the country fell in September by 10% (compared to September last year), versus economists forecast a decline of 3.2% only, and after a falling of 2.8% in August.
This is the sixth consecutive month of decline in exports of China.
The imports to China in September recorded a decline of 1.9%, versus a forecast of a rise of 1% and an increase of 1.5% in August.
The trade balance surplus in September was of 41.99 billion versus a forecast of 52.30 billion and a surplus of 52.05 billion dollars in August.