The futures contracts are signalling about a steady opening of the trading day in Wall Street.
Market News Briefing – Oct. 19th 2016 09:30 (GMT+1)
The U.K. labor market is losing momentum and there are signs of growing pressure on household incomes as inflation picks up.
The number of people in work rose by 106,000 in the quarter through August, down from increases above 170,000 in recent months.
The jobless rate is still at a 11-year low of 4.9 percent, but real wage growth slowed to its weakest level since early 2015.
Market News Briefing – Oct. 19th 2016 08:30 (GMT+1)
A slight decrease with the opening of the trading day in Europe.
The Dax fell by 0.3%,the FTSE and CAC are down by 0.2%.
Market News Briefing – Oct. 19th 2016 07:30 (GMT+1)
China published growth figures which show economic stability.
China’s growth remained stable in the third quarter of this year – 6.7%, exactly as predicted by economists,and it’s a mid-term target of the Chinese government.
Following the growth figures, the falling for eight straight days in the Chinese currency was stopped.
Market News Briefing – Oct. 18th 2016 15:00 (GMT+1)
Positive opening on Wall Street:
The Dow Jones rising by 0.6%, the S&P 500 rising by 0.7% and the Nasdaq climbed by 1%.
Market News Briefing – Oct. 18th 2016 14:30 (GMT+1)
Commodities:
WTI oil increases by 1% to a price level of 50.4 dollar per barrel.
The gold rising by 0.3% to a price level of 1260.8 dollar per ounce.
Market News Briefing – Oct. 18th 2016 14:00 (GMT+1)
The futures contracts pointing on a positive opening today on Wall Street, as investors keep an eye on the oil sector, and other statements that might be released by the Federal Reserve officials.
Market News Briefing – Oct. 18th 2016 12:30 (GMT+1)
The oil prices so far today are going up, by 0.7%, and the Brent traded around 51.9 dollars per barrel.
Traders anxiously waiting for the annual conference of the OPEC oil cartel in November to see whether the major oil exporters will reach an agreement about a wide cutting productivity.
Market News Briefing – Oct. 18th 2016 11:00 (GMT+1)
The inflation in the UK jumped to 1%.
This is the highest annual inflation rate since November 2016.
Market News Briefing – Oct. 18th 2016 09:15 (GMT+1)
Forex market:
The English pound strengthened against the US dollar by 0.4% and traded at about 1.2236 dollars to the pound.
The Euro rises by 0.15% and traded at about 1.1015 US dollars to the Euro.
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