Ukrainian Globalist

Dow Jones Industrial Average started trading with the next attempt to restore the position. Bulls increase the volume of trading on the U.S. stock market from the first minutes. Bears are sitting in anticipation of the new statistics. Meanwhile, Bank of Canada raised the base interest rate yesterday to 0.25 points to 0,5% per annum, considering the pace of economic growth and inflation in the country, the relevant expectations. ” Canadian regulator was the first of the Group of Seven central banks of countries have taken steps in this direction, which prompted a new wave of fear in financial markets.

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Dow Jones can not show positive results in today’s trades. Level of support from the bulls remain weak for the Dow Jones Industrial Average. Meanwhile, there are factors that can support the growth of Dow index. Activity in the U.S. manufacturing sector grew in May, the 10th consecutive month, ISM index of manufacturing activity fell to 59.7 PCT. against 60,4 PBC. In April, the highest level in nearly six years. Nevertheless, the employment component reached 59.8 against 58.5 the previous indicator, supporting the positive outlook for employment levels.

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Dow Jones Industrial Average returns to the market after a prolonged weekend. The level of support for Dow Jones from the bulls is negligible. Bears are preparing to storm the new minimum. Stock market U.S. froze in anticipation … Thus, investors were disappointed with the new data from China, which showed a reduction of index PMI CFLP in May to the level of 53.9 against 55.7 in April. A few hours later came out statistics from European countries. The problems in Europe have increased the overall negative market.

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