Daily market review – May 3rd 2017

Gold bars

There is a mixed trend this morning on Asian stock exchanges, at the backdrop of light price hikes on Wall Street last night.Trading in Europe opens with declines as well.
The DAX index is down by 0.1%, the CAC and FTSE are down by 0.3%.

The Federal Reserve will announce its interest rate decision tonight, but the market estimates is that the US Federal Reserve will choose to sit on the fence and continue to examine economic data and the impact of the Trump government’s economic programs on the US economy in particular and on the world economy in general.

The brent oil is up by 0.5% to $ 50.7 a barrel.
The WTI is up by 0.4% to $ 47.8 a barrel.
The Gold fell by 0.1% to $ 1,255.60 an ounce.

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