Wall Street received mixed signs on Thursday from investors that continued to hope for a oil rose after the rally OPEC deal
Dow Jones went up 0.41% and the S&P 500 went down 0.06%. Meanwhile, Nasdaq slipped 0.99%, all of this in the morning session.
After OPEC´s announcement of cutting production and support the price of oil, the black gold rose Thursday gaining more than 4%, and making possible for Brent oil to hit its highest score this year.
Crude oil in the USA went up 4.47%, to $51.65%. Brent oil, on the other hand, went down to $54.34 by 4.86%.
The USA manufacturing activity rose more than expected, due to the ISM index that showed unbelievably high results.
The Jobless claims had a disappointing rise, and showed that the labour market in the USA are below expectations.
Although the employment report will come on Friday, the results had a powerful impact.
Dallas Fed President Robert Kaplan declared on Thursday that: “we are at a point that we ought to, in the near future, remove some amount of accommodation.”, but the results aren´t promising.
In a more optimistic light, Ford Motors rose by 6%, after the November vehicle sales in the U.S. General Motors had the same result.
When there is a will there is a trade
A successful Forex trader and expert advisor
On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy
The gold prices dropped below $1.200
Taking into account today’s volatile economy GTCM endeavors to provide its clients with a secure trading environment and strong financial services. We aim to establish a strong relationship with our customers by providing them with ease, transparency and accountability on all their account activities
Banc De Binary is home to the 21st century investor. Founded in the wake of the 2008 financial crisis, we set out to provide the simplest, most profitable trading solutions, and have built a following among customers in over 80 countries worldwide. Today, we provide access to the financial markets via our online binary options platform to 250,000 account holders. As a World Finance listed company and multi award-winning firm, we are proud to be able to guarantee a safe and risk-controlled environment for all our valued clients.
HY Markets is a market leader in providing retail and institutional investors with access to foreign exchange and other capital markets. With HY Markets you can trade forex, metals such as gold and silver, energy products such as US oil and natural gas, commodities, indices as well as stocks, all from a single integrated account.
Ikon Markets are an online trading service provider affiliated to the Ikon Group, an acclaimed global network for online financial trading. Prior to the introduction of our online segment. We, at Ikon, have had many years of experience in providing financial trading services to institutional investors, such as banks, large financial institutions and mutual fund companies.