
US consumer prices rose in August by 0.2%.
This is a surprising result, given that the market expectations stood at 0.1%.
365 stockmarket news posts

US consumer prices rose in August by 0.2%.
This is a surprising result, given that the market expectations stood at 0.1%.

Apple shares jumped yesterday by 3.6% after analysts at RBC Capital Markets issued a report that it presented five reasons why they give recommendation of “buy” the shares of consumer electronics giant after launching the new models of iPhone 7.

Germany – July industrial output figures showed a decrease of 1.5% compared to June, when the industrial output fell so in Germany by 1.2%.
Preliminary survey of economists had expected a decline of 0.3%.

The trading day on Wall Street opened with a slight rise at the US markets but an hour later the markets are of a mixed trend.
The background to this change with a view to published data of the ISM Non-Manufacturing sector.
The index showed a decline to 51.4 points, compared with expectations of 55 points and more importantly it shows a drop in momentum in the sector.

The crude oil WTI rising by 0.3% to 43.25 dollars per barrel.
Russian President Vladimir Putin said today that Russia is interested in an agreement with the OPEC countries to freeze production scale of the oil.

The European stock markets trade is conducted with rising prices ahead of the publication of the US employment report (13:30 UK time), which is expected to vote on the continued recovery of the US labor market and a further decline in unemployment, which will strengthen the chances of another interest rate rise in the US this year.

The purchasing index of purchasing managers in the UK was surprisingly good, despite the expectation of a contraction.
The index reached a level of 53.3, compared with July’s figure of 48.3.

The European stock markets trading is conducted with declines, after the stock markets have closed yesterday on a positive trend.
FTSE decreasing by 0.1%, the DAX decreasing by 0.3% and the CAC retreated by 0.1%.

The oil loses height:
The price of a barrel of Brent falling by 2.2% and is traded on world markets for $ 48. The price of a barrel of WTI have fallen by 2.5% to $ 49.6.

Wal-Mart beat the forecasts:
The US retail giant Wal-Mart today raised the annual profit forecast after recorded a financial results which were better than expected – $1.07 per share, five cents more than analysts’ forecasts on revenue of $120.9 billion, for the second quarter of the year.
Wal-Mart jumped by 3% in trading before the opening of Wall Street and will open the regular trading hours at the peak of 15 months.