The US stock market will open with a small rise in anticipation of fed decision

  • And
  • +A

Trading on the U.S. stock market can start with a modest growth of 0.1-0.2% pending the decision of the U.S. Federal reserve base rate, which may increase to 2%.
Major US stock indices closed the previous trading session with a modest gain ahead of outcome of US Federal reserve meeting. Experts expect that the financial regulator will announce interest rate hike to 1.75-2%.
Asian markets Wednesday closed trading mixed: Japanese Nikkei 225 rose 0.38%, China’s Shanghai fell by 0.97%. Futures on US stock indexes grow in the range of 0.2%.
European indexes on Wednesday bargain with increase on 0,3-0,5%. The pair EUR/USD grows to the level 1,1770 dollar.
World oil prices on Wednesday, declining to around 75.8 USD per barrel of Brent amid increased concerns about the production of “black gold” transaction parties-OPEC+. Another reason for reduction in price of oil began the report by the International energy Agency. According to the statistics Agency, in may, OPEC increased its oil production by 50 thousand barrels per day.
____________
Ivan Marchena,
Analyst
GK Forex Club