The Asian markets rising for a second day on a row, following the new highs on Wall Street yesterday and the continued rise in oil prices.
Tokyo rose by 0.3%, Hong Kong added 1.3%, Shanghai rising by 0.8%, Seoul rose by 0.9%.
Month: November 2016
Market News Briefing – November 22nd 2016 07:30 (GMT+1)
The price of oil continues to rise for the third day in a row due to expectations OPEC countries’ agreement to curb the oil output.
The WTI oil rising by 1.1% to a price level of 48.78 dollars per barrel.
Market News Briefing – November 22nd 2016 07:15 (GMT+1)
The rise of the US dollar ended yesterday.
Against the Euro it weakened by 0.4%.
Against the British pound the US dollar fell more than than 1.2%.
Market News Briefing – November 22nd 2016 07:00 (GMT+1)
Wall Street stock markets opened the trading week with rising prices, and broke new records following the rise in oil prices.
In a daily summary yesterday: the Dow Jones rose by 0.5%, the S&P 500 rose by 0.8% and the Nasdaq rose by 0.9%.
Market News Briefing – November 21st 2016 15:30 (GMT+1)
The trading on Wall Street stock exchanges takes place with slight price increases due to the rise in oil prices, and further to the two weeks of gains after the US elections. The Dow Jones rising by 0.2%, the S&P 500 rising by 0.3%, the Nasdaq rising by 0.3%.
Market News Briefing – November 21st 2016 15:00 (GMT+1)
Important note:
The trading week this week will be shortened week.
On Thursday, Wall Street will remain closed for Thanksgiving, while on Friday there will be a short trading day.
Market News Briefing – November 21st 2016 14:45 (GMT+1)
In about two hours, the European Bank governor, Mario Draghi, is expected to speech, as investors around the world will try to compile clues relating to the continued quantitative easing program on the continent.
Market News Briefing – November 21st 2016 14:30 (GMT+1)
Commodities and Forex
The price of the oil jumps by 2.2% and is trading for 46.7 dollar per barrel.
The US dollar weakened by 0.5% against the major currencies.
Market News Briefing – November 21st 2016 13:30 (GMT+1)
The futures contracts on Wall Street signalling gains with the opening of the new trading week.
Market News Briefing – November 21st 2016 12:00 (GMT+1)
The German economy grew In the third quarter by 0.2%, after the second quarter in which it grew by 0.7% and in the third quarter by 0.4%.
The third quarter figures sparked concerns that the biggest economy in the Euro zone is on its way to a much more significant weakening.
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