The European stock markets are rising after slight declines at the start of trading.
FTSE added 0.1%, the CAC rising by 0.1%, the DAX adds 0.2%.
Market News Briefing – December 13th 2016 08:15 (GMT+1)
The trading on Wall Street ended last night from an increase of 0.2% to a decrease of 0.6%, while the Dow Jones finished at a new peak again.
Market News Briefing – December 13th 2016 08:00 (GMT+1)
China:
The industrial output in November rose by 6.2%, following an increase of 6.1% last month.
China’s retail sales jumped by 10.8% in November after rising by 10% in October versus expectations of a rise of 10.3%.
Market News Briefing – December 12th 2016 16:00 (GMT+1)
Wall Street opened on a negative trend on the first trading week before the opening meeting of the Open Market Committee of the Federal Reserve (FOMC) tomorrow, when on Thursday the bank is expected to announce the first rate rise in 2016 to 0.5% -0.75%.
Market News Briefing – December 12th 2016 13:00 (GMT+1)
Wall Street futures contracts pointing to mixed trends at the opening of trading day, The Dow Jones is expected to rise by 0.1%, the S&P 500 is expected to open unchanged and the Nasdaq is expected to weaken by 0.35%.
Market News Briefing – December 12th 2016 11:00 (GMT+1)
The oil prices are jumping today by about 5% to levels not seen since 2015, after Saudi Arabia and other non-cartel OPEC, such as Russia and Mexico, have signaled that they favor of a reduction in oil production, of about 600 thousand barrels per day.
This is in addition to the decision taken in OPEC conference in Vienna in late November, to reduce the oil quotas by 1.2 million barrels a day.
Market News Briefing – December 12th 2016 10:40 (GMT+1)
The Japanese yen weakened by 0.4% against the US dollar to 116 yen to the dollar, a high of ten months.
This is due to investors’ expectations for higher interest rates in the US on Wednesday.
Market News Briefing – December 12th 2016 10:30 (GMT+1)
The Asian markets ended the trading day with a mixed trend.
Shanghai stock exchange fell by 2.5%, the sharpest daily decline in six months.
Hong Kong has weakened by 1.4%, Seoul rose by 0.1% and Tokyo rose by 0.8%.
Market News Briefing – December 12th 2016 08:45 (GMT+1)
The European stock markets opened the trading day with gains, due to the increase in oil prices.
The FTSE rising by 0.1%, the DAX also increased by 0.1%, the CAC strengthened by 0.2%.
Market News Briefing – December 12th 2016 07:45 (GMT+1)
The industrial machinery orders in Japan rose in October by 4.1% compared to the previous month, beyond analysts’ expectations of a 1% increase.
The industrial machinery orders is considered an important indicator of capital spending in the next 9-6 months.
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