Macro-economic Data disappointing in China sent the Shanghai stock exchange to a decline of 0.4%.
PMI of manufacturing sector in January missed the economists’ estimates and recorded a reading of 51 index points only, versus expectations of 51.8 points.
China’s central bank provided a surprise, he raised the short-term interest rates by 0.1% to a level of 2.35%.
The trading on Wall Street ended with a mixed yesterday as investors’ eyes are directed towards the employment report, the first in Trump era, to be published later today.
The British pound declines by 0.8% against the US dollar to a level of 1.256 after the Bank of England announced that next year growth forecasts stand at 2.8%, in line with analysts.
Wall Street stock markets are expected to trade on a negative trend for the fifth time in six trading days, as the US dollar weakened to the 12-week lows.
The trading on stock exchanges in Europe is conducted in a mixed trend at the background of the earnings season.
The FTSE trading gains of 0.1%, the DAX decreasing by 0.2% and the CAC decreasing by 0.1%.
The Asian markets today traded with declines in view of the uncertainty around the Trump government’s measures which begins to put some fears in the investor confidence.
The trading on Wall Street stock exchanges closed yesterday with a positive trend after the Fed kept the US interest rates unchanged and gave a positive assessment to the American economy.
Wall Street stock markets are expected to open on a positive trend, led by technology stocks after the consumer electronics giant Apple reported yesterday on a financial results which rose above the analysts’ forecasts, and ahead of the interest rate decision of the Federal Reserve.
The Oil traded with a mixed trend.
The price of the WTI oil goes down by 0.2% to a price level of 52.7 per barrel.
The price of Brent crude rising by 0.8% to 55.7 dollar per barrel.
The European stock markets trading is conducted on grounds gates.
The FTSE rising by 0.8%, the DAX is strengthened by 1%, the CAC rising by 1%.
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