The French economy froze in the second quarter after the growth rate was 0%.
This negatively data surprised analysts, who viewed a positive growth of 0.2%.
Most European stock markets open the trading day on Friday with a positive trend.
The CAC rising by 0.2% and the Dax by 0.4%, the FTSE lost 0.2%.
Investors disappointed with incentives in Japan: Tokyo falls,the Japanese yen is rising
The Asian stock markets trading is conducted with declines in light of investors’ disappointment with the Bank of Japan’s announcement regarding his incentives to the markets.
The Bank of Japan announced that it is increasing slightly the purchase of ETFs,and the extent of acquisition of other assets, which include mainly bonds, will remain at 80 trillion yen (775 billion dollars) a month.
The futures contracts on leading indices on Wall Street are signalling on a stable opening of the trading day
Together with the early forecasts, yesterday the Federal Reserve left the US interest rates unchanged.
Surprising increase in US oil inventories took down the price of oil.
The Oil prices fell to a low of more than three months following a rise in the weekly crude oil inventories in the United States, the first time in 10 weeks.
The US crude oil inventories increased last week by 1.7 million barrels, while the analysts talked about a forecast of a decline of 2.6 million barrels of crude inventory.
The US Commerce Department reported that the orders for durable goods in the US dropped in June by 4%.
This is sharpest fall in nearly two years, while economists had forecast a more moderate decline of 1.7%.
A positive opening of the trading day in Wall Street is expected.
The futures contracts on the leading indices traded on the New York Stock exchange are rising up to 0.5%.
The trading on Wall Street last night ended in a mixed trend in tense anticipation to the Fed’s interest rate decision today and the Japanese central bank over the weekend.
The Fed is expected to leave the interest the same level, 0.50%,but investors will try to see whether the tone of the US central bank has changed and will try to extract clues about when the next interest rate rise will be.
Coca Cola
On a daily chart we can see that the price of the share went down yesterday by 1.51%.
This fall came after the share was halted at a resistance line.
With the decline, the average of the RSI indicator crossed down his 50 line.
For Forex traders:
Sell between the levels of : 45.00 – 44.80.
Stop loss point : 45.20.
Take profit point : 43.80.
For Binary options traders:
A put option between the levels of : 45.00 – 44.80.
Expiry time : end of the day, July 31
Twitter crashed by 10% due to a disappointing forecast
Twitter share went down yesterday by more than 10% after-hours trading on Wall Street, after the social media company provided disappointing revenue forecast for the current quarter.
The Company expects to record in the third quarter a revenues of 590-610 million, far less than the analysts who estimated revenues of $ 690 million.
McDonald’s shares fell by 4.5% after the fast-food chain reported on a quarterly revenue and profits are lower than expected.
At a summary of the trading day in Europe:
The DAX rose by 0.5%, the FTSE and CAC rose by 0.2%.
The leading indices in New York in the last half-hour are going down:
The Dow Jones falling by 0.4%, the NASDAQ was down 0.1%, the S&P 500 falling by 0.2%.
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