The trading day on Wall Street began with rising prices of the three indices.
The Nasdaq strengthened by 1% and leads the positive trend.
Month: December 2016
Market News Briefing – December 13th 2016 13:00 (GMT+1)
Wall Street stock markets are expected to trade on a positive trend and the Dow Jones will continue to approach the level of 20,000 points, at the background of the opening of the two-day sitting of the Federal Reserve after in which the central bank is expected to announce the increase in interest rates the world’s largest economy, for the only second time since the financial crisis World.
Market News Briefing – December 13th 2016 09:30 (GMT+1)
U.K. inflation accelerates to highest of more than two years, since October 2014, when it stood at 1.3%.
UK inflation rose to 1.2% in November, up from 0.9% in October, as measured by the Consumer Prices Index.
Market News Briefing – December 13th 2016 09:05 (GMT+1)
The European stock markets are rising after slight declines at the start of trading.
FTSE added 0.1%, the CAC rising by 0.1%, the DAX adds 0.2%.
Market News Briefing – December 13th 2016 08:15 (GMT+1)
The trading on Wall Street ended last night from an increase of 0.2% to a decrease of 0.6%, while the Dow Jones finished at a new peak again.
Market News Briefing – December 13th 2016 08:00 (GMT+1)
China:
The industrial output in November rose by 6.2%, following an increase of 6.1% last month.
China’s retail sales jumped by 10.8% in November after rising by 10% in October versus expectations of a rise of 10.3%.
Market News Briefing – December 12th 2016 16:00 (GMT+1)
Wall Street opened on a negative trend on the first trading week before the opening meeting of the Open Market Committee of the Federal Reserve (FOMC) tomorrow, when on Thursday the bank is expected to announce the first rate rise in 2016 to 0.5% -0.75%.
Market News Briefing – December 12th 2016 13:00 (GMT+1)
Wall Street futures contracts pointing to mixed trends at the opening of trading day, The Dow Jones is expected to rise by 0.1%, the S&P 500 is expected to open unchanged and the Nasdaq is expected to weaken by 0.35%.
Market News Briefing – December 12th 2016 11:00 (GMT+1)
The oil prices are jumping today by about 5% to levels not seen since 2015, after Saudi Arabia and other non-cartel OPEC, such as Russia and Mexico, have signaled that they favor of a reduction in oil production, of about 600 thousand barrels per day.
This is in addition to the decision taken in OPEC conference in Vienna in late November, to reduce the oil quotas by 1.2 million barrels a day.
Market News Briefing – December 12th 2016 10:40 (GMT+1)
The Japanese yen weakened by 0.4% against the US dollar to 116 yen to the dollar, a high of ten months.
This is due to investors’ expectations for higher interest rates in the US on Wednesday.
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