The European stock markets traded today (Friday) with declines, on the last day of the trading week and 2016.
This after the mixed trend of Asian stock markets and despite a slight increases in the futures contracts on Wall Street.
The US dollar strengthened against the Japanese yen by 0.1% and is trading at about 116.66 yen to the dollar.
The trading in Tokyo today conducted with no significant change.
Hong Kong rising by 1.2%, Shanghai added 0.2% to its value,Seoul rising by 0.1%.
The gains momentum especially in the week between Christmas and New Year’s Day is losing momentum, and the stock exchanges Wall Street closed on a negative trend yesterday for the second day in a row.
The banks and technology shares led the declines.
The trade deficit of the US in November jumped by 5.5% to 65.3 billion dollars.
The economists expected a smaller deficit of 62.5 billion dollars.
The number of unemployment claims in the US fell last week to 265 thousand compared to 275 thousand in the previous week.
The economists viewed more moderate decline to 270 thousand claims.
Wall Street stock markets are expected to open with stability after yesterday the S&P 500 recorded its sharpest fall in two and a half months, and after the Dow Jones industrial average continued to move away from the level of 20,000 points.
