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Business / Finance

The US stock market may go up a little together with world markets

Forex Club 11.01.2019 at 12:30

U.S. stock market on Friday to start the trading session with moderate growth of indexes in a predominantly positive mood in global markets and due to resumed growth of the price of oil.

the Major U.S. stock indexes the day before have grown on 0,4-0,5%, slowing down somewhat in the background of the vague outcome of the negotiations on trade issues between the US and China. In this case, statistics on the American labour market turned out to be quite good – the number of initial claims for unemployment benefits for the week decreased to 216 thousand, while the market expected a decline only increased to 225 thousand.

Negative for the market was the decision of the President of the United States Donald trump not to go to economic forum in Davos because of the budget crisis.

Exchange Asia increased on Friday by 0.4-0.7 percent following the U.S. markets. Asian investors also drew attention to the speech of the head of the fed Jerome Powell in which he talked about a cautious approach to further rate increase.

European stocks rose in 0.3%. Oil prices on Friday went up and the price of a barrel of Brent crude for the first time since mid-December rose above $62 a barrel. Futures on American indexes are decreasing by 0.2-0.3%.

Market, USA, dollar, oil, ruble, Forex club

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