Wall Street’s stock markets are going down slightly and there are low trading volumes for the third day in a row, ahead of the long weekend of Christmas Eve.
Month: December 2016
Wall Street – December 23rd 2016 13:00 (GMT+1)
The trading day trading on Wall Street is expected to open on a negative trend after the trading ended yesterday with declines.
On Monday, the markets will be closed on the occasion of the Christmas holidays.
European stock markets – December 23rd 2016 08:15 (GMT+1)
The European stock markets traded today (Friday) with a mixed trend after a negative close on Wall Street yesterday.
The trading volumes are low ahead of the Christmas holiday weekend early next week.
Deutsche Bank – December 23rd 2016 08:00 (GMT+1)
Deutsche Bank reached an agreement with US authorities, according to which he will pay a fine of $ 7.2 billion on the share subprime crisis in the United States nearly a decade ago.
Red screens in Wall Street – December 22nd 2016 15:30 (GMT+1)
The trading day on Wall Street opened with slight declines.
The S&P 500 and NASDAQ weakened by 0.3% and the Dow Jones Industrial Average falling by 0.1%.
The price of oil – December 22nd 2016 13:45 (GMT+1)
The price of the oil falls on the background of the surprising jump in the US crude oil inventories last week, added with 2.3 million barrels.
In addition, the National oil corporation of Libya announced that it plans to increase the global output by about 270,000 barrels per day.
US GDP figure – December 22nd 2016 13:30 (GMT+1)
The final GDP figure for the 3rd quarter is 3.5% annualized.
This figure is particularly high as when the earlier expectations for growth was of 3.3%.
The futures contracts – December 22nd 2016 12:30 (GMT+1)
The futures contracts on Wall Street indices signalling today (Thursday) on a negative opening trading, while the European trade is conducted with price declines.
Rescue fund for the banks in Italy – December 22nd 2016 11:00 (GMT+1)
The Italian parliament last night approved the establishment of a fund to rescue banks at a huge financial volume of 20 billion Euros.
The establishment of the fund will allow liquidity to the banking system and actually saves them from collapse.
This step was urgent in light of the fact that the third largest bank in Italy, the Banca Monte Dei Paschi is close to a situation of illiquidity bring closure.
It is estimated that the bank has sufficient liquid resources for just 11 months.
The Bank is required by the European regulation to raise 5 billion Euros by the end of the year, and given the situation it seems that he could not make it by free market funding and therefore will be forced to accept the Italian taxpayer money, or at least guarantees that will enable it to raise money at a later stage in markets.
Europe – December 22nd 2016 08:45 (GMT+1)
The European stock markets opened this morning (Thursday) with declines, as the Asian stock markets closed with price declines, at this time of before holidays.
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