
Wall Street stock markets are expected to open the month of September on a positive trend, towards flood macroeconomic data to be published in USA Today, and tomorrow’s with the employment report.

Wall Street stock markets are expected to open the month of September on a positive trend, towards flood macroeconomic data to be published in USA Today, and tomorrow’s with the employment report.

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.

Disappointing manufacturing data from the Euro zone
According to the production index of purchasing managers in the Euro zone, the growth slowed in August to a level of 51.7.
Germany maintained the same growth as the July figure stood at – 53.6.
Italy disappointed with 49.8, contrary to expectations and France showed good results – 48.3.

The European stock markets trade is conducted with a rise prices after the markets closed yesterday their best month since 2015.
FTSE rising 0.4%, the DAX climbing by 0.6% and the CAC rising at a similar rate.

A slowdown in economic activity
The Index of manufacturing activity in the Chicago area, which considered to the barometer state of the US economy, fell last month by 4.3% – 51.5 points compared with the level of 55.8 points in July.
This is the sharpest decline since February.

The US housing is rising
Contracts for the sale of US homes jumped in July, it was the second highest figures in a decade.
The resilience of the labor market and low mortgage rates have supported demand.

The Wall Street expectations are of a stability at the start of the trading day after a positive US jobs data
According to the ADP employment survey the US economy added 177 thousand new jobs in August.

The European stock markets traded positive trend for the second day in a row and are on their way to a second consecutive monthly increase, due to the continued recovery in bank shares on the Euro zone.

The investors around the world vigilant, among others, ahead of the US employment report on Friday, and earlier report may be a clue via the ADP survey, which will be published today.

The unemployment rate in the Euro zone remained at 10.1%, while the expectation was to a decrease of 10%.
This figure is in contrast to data released today in Germany and Italy which indicated of a decline in unemployment levels in these countries.