The US stock market at the opening on Thursday of the risks to continue to decline
The U.S. stock market at the opening on Thursday of the risks to continue to decline in anticipation of the introduction of new import duties on Chinese goods and lower oil prices.
American stock indices the day before finished session by decrease against the background of concerns about the future prospects of trade relations, U.S. with Canada and China. Futures for the American indexes on Thursday grow by 0.1-0.2%.
European stock indicators demonstrated mainly negative dynamics. Market participants are waiting for the resumption of negotiations on a new trade agreement is NAFTA. They also fear that this week the United States can impose new import duties on Chinese goods worth $200 billion a year.
In addition, on Thursday released weak statistics on the German economy. The volume of industrial orders in the country in July fell by 0.9%, while the market waited growth of this indicator by 1.6%.
Asian indices closed the trading session in the red due to concerns about the imposition of duties on Chinese goods. However, investors do not rule out that the issue still can be resolved through negotiations.
World oil prices on Thursday reduced to $77.5 per barrel of Brent crude after the data about reduction of oil reserves in the U.S. for the week (decreased by 1.17 million barrels of oil). Investors also fear the reduction of global oil demand due to a sharp fall in exchange rates of developing countries.
GK Forex Club