The Purchasing Managers Index (PMI) showed that the Euro zone economy continues to show improvement.
According to the third reading index for December, it came to 54.4, compared with November’s reading of 53.9.
Month: January 2017
Euro zone inflation – January 4th 2017 11:00 (GMT+1)
The inflation in December in the Euro zone stood at 1.1% , its the highest level since September 2013.
European markets – January 4th 2017 10:00 (GMT+1)
The European markets trade is conducted with a small rise.
The FTSE rising by 0.1%, THE cac strengthened by 0.3% AND THE dax added 0.2% to its value.
Asian markets – January 4th 2017 07:30 (GMT+1)
The Asian markets are trading this morning on the rise.
Tokyo jumps by 2.3%, Hong Kong added 1%, Shanghai rising by 0.4%, Singapore adds 0.7% and South Korea traded unchanged.
Wall street – January 4th 2017 07:00 (GMT+1)
The trading on Wall Street stock exchanges closed yesterday on a positive trend, at the first trading day of 2017.
The rising came following an encouraging manufacturing data released in the US and China.
However, the increases have moderated after the oil retreated from a high of 18 months.
WTI Oil – January 3rd 2017 14:45 (GMT+1)
The WTI oil rising by 2.4%, reaching $ 55 a barrel, a record of a year and a half.
Wall street – January 3rd 2017 14:30 (GMT+1)
Dow Jones Industrial Average climbed by 0.7%, a rise of 142 points, to 19,900 points.
The Nasdaq and S&P 500 rising by 0.7%.
The US dollar is in a high of 15 years – January 3rd 2017 13:00 (GMT+1)
The dollar continues to strengthen against the major currencies in the world and climbing to its highest level in 15 years.
The US dollar rises by 0.8% against the Euro to a rate of 1.039 and climbed against the Japanese yen by 0.5% to 118.171 yen per dollar.
Futures contracts – January 3rd 2017 12:30 (GMT+1)
Before the new trading year on Wall street, the futures contracts are rising by 0.8%.
PMI manufacturing sector in the UK – January 3rd 2017 09:30 (GMT+1)
The PMI manufacturing sector in December in the UK was of 56.1 points.
It’s highest level since June 2014.
The figure is significantly higher than expected, 53.3 points.
The explanation is the weakness of the pound which contributes to British exports, but on the other side it’s stressed the fear of a rapid rise in inflation.
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