
Wall Street stock exchanges closed yesterday with declines, ahead of the opening of the quarterly earnings season in the US.

Wall Street stock exchanges closed yesterday with declines, ahead of the opening of the quarterly earnings season in the US.

Figures published today in China showed that exports from the country fell in 2016 by 7.7% and the imports to China fell by 5.5%.
These data reflect the most sharp weakening of trade in China since 2009.

Declines on Wall Street with the opening of the trading day.
The Dow Jones and Nasdaq lost 0.6%, the S&P 500 fell by 0.5%.

The US dollar weakened for a second consecutive day in front of the world’s major currencies after President-elect of the United States, Donald Trump, didn’t presented a clear planned economic policy at his press conference held yesterday.

According to data published today in the USA:
US import prices jumped in December by the sharpest rate since 2012 (0.4%) and the number of initial jobless claims climbed during the first week of 2017 but remained close to the lowest level in decades.

The price of the gold rising to a level of 1,200 US dollar an ounce for the first time since November.
The precious metal rose by 2% since Trump’s press conference yesterday.

The futures contracts on major indexes in Wall street are predicting declines with the opening of trading today.

German GDP figure showed an increase of 1.9%, above the government’s forecast of 1.8%.
2016 showed the fastest rate of growth in the German economy since 2011.

The US dollar weakened against the Euro and the British pound by 0.5% and 0.4% respectively.

The European stock markets trading is conducted with declines.
London FTSE decreasing by 0.2%, the Dax in Frankfurt weakened by 0.4%, the CAC in Paris decreasing by 0.3%.