Daily market review – May 4th 2017

Trading And Investing

The trading on Asian stock exchanges closed in a negative direction when the Tokyo Stock Exchange was closed for a holiday.
Hong Kong fell by 0.2%, Shanghai lost 0.1%, Singapore weakened by 0.3%, Sydney fell 0.5%.
Seoul climbed by 1% to an all-time high, after rising 11 out of the last 14 trading days on the back of a surge in foreign investment in Korean companies in recent months.

The Japanese yen was unchanged against the US dollar at 112.7 yen per dollar.
The WTI oil fell by 0.2% to $ 47.7 per barrel.

The trading on the European stock exchanges is trading on the back of the publication of quarterly reports by the largest companies on the continent.
London rises by 0.6%, Frankfurt climbs by 0.2%, Paris rises by 0.4%.

Yesterday, the FOMC meeting of the Federal Reserve ended and at the end of which it was decided, according to most analysts’ forecasts, that the interest rate in the US would be left at 0.75% -1%, and that the economic weakness reflected in disappointing growth figures in the previous quarter.


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