Stock markets are rising along with the risk of a new recession
World stock markets on Monday mostly higher in anticipation of new economic support measures by the Chinese authorities.
Major U.S. stock indexes on Friday have grown on average by 1.5% amid easing concerns about the development of the trade conflict between the US and China. Dynamics of stock market indicators USA allowed trader Forex Club to earn more than 10 thousand dollars on the change of quotations of Dow Jones index.
In addition, market participants had data on the number of new homes in the United States. So, the number of buildings decreased by 4%, but the number of building permits in the U.S. increased 8.4 percent, approaching a seven-month high.
The index of consumer sentiment, University of Michigan, which reflects the degree of confidence of households to the U.S. economy in August dropped to 92.1 points, while the market expected a decline of the indicator to 97.2 points.
Asian markets are rising on Monday on the main indices on the background of the reform of interest rates in China. Such actions of the national Bank of China is taking in order to reduce borrowing costs for companies and support the Chinese economy. Reform boosts interest rate expectations of market participants regarding the monetary policy easing in China.
European markets rise after Asian and American marketplaces. However, several scare investors speculation that the UK could face shortages of food, medicines and fuel in case of a Brexit without a deal.
The Russian stock market on Monday does not show any dynamics. The ruble is losing more than 20 cents to the dollar and 30 cents to the Euro.