Market News Briefing – Aug 18th 2016 13:30 (GMT+1)


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.


Market News Briefing – Aug 12th 2016 13:45 (GMT+1)


A disappointing US economic data

The retail sales figures remained unchanged in July, while analysts expected an increase of 0.4% in this figure.
In addition, the producer price index disappointed investors after the index fell in July by 0.4% compared to expectations of an increase by 0.1% and compared with the index of June which recorded an increase of 0.5%.

Market News Briefing – Aug 9th 2016 09:30 (GMT+1)


The trade deficit of the United Kingdom expanded in June to 12.5 billion pounds, versus 11.5 billion pounds in May.
The deficit was larger than forecast which stood at 9.6 billion pounds.

The industrial production in June rose by 1.6% (YoY) and -0.1% (MoM), in line with the early expectations.

The industrial output in June rose by 0.9% on an annualized basis, below the forecast of 1.3%.