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European indices are rising after Asia and the US
World stock markets are growing on expectations of lowering the discount rate of the US Federal Reserve and new measures to support the Chinese economy. About this site, "Today," said analysts Forex Club. So, last Friday, June 7, the main US stock added up to 1.7% after the release of statistics on the labor market, which revived investors' hopes to reduce the Fed's base interest rate. U.S. unemployment in May remained at the level of April - 3.6%, while the number of jobs in non-agricultural sectors of the economy grew by only 75 thousand.
On Monday, June 10, Asian stock indices strengthened by 1.2-1.3% against the background of reaching a trade agreement between the US and Mexico that the American side would postpone the imposition of import duties on Mexican goods. In response, Mexico agreed to take action against illegal migrants. At the same time, the data on the decline in Chinese imports darkened the mood of investors somewhat - this figure fell by 8.5%, while the market expected a decline of 3.5%.
European stock exchanges are rising 0.2-0.7% after the US and Asian markets. Statistics from the UK have a negative impact on the market, where industrial output in April fell by 2.7% against expectations of 0.7%.