
After yesterday recorded the sharpest daily fall this year, Wall Street stock markets continued to fall today.

After yesterday recorded the sharpest daily fall this year, Wall Street stock markets continued to fall today.

German retail sales fell in December by 0.9% compared to November.
Analysts had forecast an increase of 0.5% in sales.

Japan has posted today some macroeconomic data which painted a confusing picture about the activity’s in the third largest economy in the world.
The country’s industrial output grew for the second month in a row view of the increasing demand for Japanese goods, caused by by the weakening of the Japanese yen.
December industrial output rose by 0.5%, continuing a surge of 1.5% in November.
Other data released today indicate a decline in consumer spending, which may explain the expected slowdown in growth in the fourth quarter.

The trading on exchanges of Wall Street closed yesterday with declines.
The Dow Jones Industrial Average fell by 0.6%, the S&P 500 lost 0.6% and the Nasdaq Composite Index fell by 0.8%.

The trading on Wall Street today (Monday) is of a clear negative trend, after the
Asia recorded declines and Europe registered a similar trend.

Wall Street expected to open today with declines, this according to trading the futures contracts on the leading indicators.

Declines in Europe at the beginning of the trading week.
The FTSE decreasing by 0.9%, the DAX weakened by 0.7%, the CAC loses 1%.

The Oil price falling by 0.2%.
The WTI oil falls to a price level of 53.1 dollar per barrel and the price of Brent crude dropping to a price level of 55.4 per dollar a barrel.

The US dollar weakened against the major currencies.
It goes down by 0.2% against the Japanese yen to 114.9 yen to the dollar.
The pound strengthened against the dollar by 0.3% to 1.2516.

Wall Street stock markets are expected to open up with stability and the Dow Jones index may climb for the fourth day in a row.