As if to commemorate the Labor Day, the long-awaited report has brought some optimism in the U.S. labor market somewhat lessening fears of a repeated national economy recession. With the exception of the agricultural sector, the employment level fell by 54 thousand jobs, with almost double figure predicted earlier.
Статьи, помеченные тэгом ‘Congress’
Global financial markets are still shaking in all modes at the thought of a possible Greek defaulted. Yields on long-term government bonds in Greece by 700 basis points over similar Treasury securities yields USA. Thus, it seems that in America things are much better than in Greece. Unfortunately, it has nothing to do with the truth. Greek debt represents 120% of vnturennego GDP, twice more than in the U.S..
Dow Jones Industrial receives every chance to increase after the Minister of Finance. Dow Jones Industrial concluded the week with an excellent result. The DJIA will start trading at around 10,424.62 points, gaining +102.32 (0.99%). Finance Minister Timothy Geithner said that the U.S. economy is gradually recovering.
Ben was unable to prevent the growth of Dow Jones Industrial Average today. The DJIA is at 10,314.43 points, gaining +193.90 (1.92%) since the beginning of the trading session. Bristol-Myers was marked record growth today. Meanwhile, at yesterday’s hearing in the U.S. Senate Federal Reserve head Ben Bernanke clearly signaled to lawmakers that talked about the victory over the recession is premature. Describing the current economic moment, the main financier of America used the phrase unusual uncertain, which can be translated as extraordinary uncertainty.
Dow Jones Industrial Average urged the European stock market to fall. The banking sector, nevertheless, kept afloat thanks to Lloyds Banking Group Plc. Lloyds Banking Group Plc approached the level of support 62.81, gaining +1.80 (2.95%). Stock trading in Europe opened lower against the major indexes’ news from the U.S..
Oil prices have fallen by up to a volatile trading session after the report U.S. Department of Energy on oil and petroleum products in the country. Oil prices continue to fall tomorrow, experts say.
Nikkei 225 losing value, sales are growing, Hang Seng index could rise, – the Open Knowledge analysts. During the first 40 minutes of trading on the exchange in Tokyo on Wednesday the main index Nikkei, reflecting the quotation 225 largest companies in the country, fell 47.13 points (0.51%), and now he is 9 231.7 points. The index of wide spectrum Topix lost 4.01 points and was 825.34 points.
Hang Seng and the Nikkei 225 will be reduced today. Hang Seng may lose about 1% as the Nikkei 225 will force investors to sell up to 2% loss. Trading on the stock exchanges in Asia Thursday, July 22, will likely fall in quotations to demonstrate against the speech Fed Chairman Ben Bernanke, quarterly reports, as well as the outcome of trading in the States. Recall that trading in the U.S. on Wednesday, July culminated with the collapse of stock indices. Quarterly reports of American companies have been mixed. The pressure on the market also had a speech of the Federal Reserve Ben Bernanke, who called the U.S. economic outlook uncertain.
President Obama signed into law the most radical since the Great Depression of the 1930 reform of the mechanisms regulating the U.S. financial system. The main purpose of the law is to prevent the recurrence of financial crisis in the U.S. two years ago and then engulfed the entire world. “Legislation on the reform of financial regulation is a necessary and far-reaching step towards preventing the recurrence of the recent financial crisis,” – said on the eve of the signing of the law Fed Chairman Ben Bernanke.
The DJIA is a mark of 10,236.93 points, gaining +6.97 (0.07%) by mid-tradings. Bears continued the pressure on the Dow Jones Industrial. U.S. major stock indicators since the discovery more than once visited on both sides of zero, by the middle of trades continue to show mixed dynamics.