The US Economy Is Stable

US indices are trading in a positive territory.

Economic News
06 oct. 2017
The US Economy Is Stable

After yesterday's speeches by the presidents of the Federal Reserve Banks Patrick Harker and John Williams, in which they said that thanks to positive changes in the economy a further increase in interest rates is possible, investors have regained their confidence. Furthermore, yesterday a report on employment in the non-agricultural sector was released, which undoubtedly had a positive impact on the dollar and strengthened optimism about the world's largest economy. This caused the S&P 500 to break another record and on Thursday completed the longest winning session since July 2013.

Yesterday shares of American companies showed a profit, a positive movement that was also taken up by their Asian counterparts.

For today the most eagerly awaited news from the United States is the output of the report on the labor market. Another important economic event today is the output of business activity indices in Canada.

You can find more information about the events for today here.

SuperForex
Oil Stabilizing

Economic News

Oil Stabilizing

Talks of a further extension of OPEC's agreement to cut back oil extraction are beginning to steady the price of oil.

SuperForex
05 oct. 2017
Markets Are in Balance

Economic News

Markets Are in Balance

US bonds lowered yield.

SuperForex
05 oct. 2017
Global Stocks on Wednesday, Oct 4

Economic News

Global Stocks on Wednesday, Oct 4

Markets are going up, except for Europe where Catalan pressures on Spain are dragging down stocks.

SuperForex
04 oct. 2017