The US stock market will start the bidding with the increase of indexes within 1%
The US stock market will begin trading Thursday growth index in the range of 1% amid higher oil prices and generally positive sentiments on global trading platforms associated with some stabilization of the situation in Turkey.
U.S. stock indexes on the eve of Wednesday lost 0.5% to 1.2% due to the tense economic situation in Turkey. However, on Thursday on the background of some stabilization in the world markets indexes on American indexes are rising 0.5-0.9 percent.
While Asian stocks finished trading Thursday mostly in the red. Asian investors remain concerned about the situation in the Turkish economy after the national currency of Turkey has fallen to another historical low for the US decision to raise import duties on Turkish aluminium and steel. In response to the actions of the American side, Turkey sharply raised duties on the import of American goods.
However, the good news for the Turkish economy was the announcement that Qatar is ready to invest $15 billion.
While positive for the Chinese stock market was the announcement that the Chinese side will hold at the end of August the next round of negotiations on trade issues with the United States.
Major stock exchanges in Europe on Thursday, rising after the release of strong data on trade balance in the Eurozone. Thus, the trade surplus of the Eurozone in June increased to 22.5 billion euros, while experts expected increase to only 18 billion euros.
World oil prices on Thursday also rushed up to $71.5 per barrel for Brent crude, after falling an average of 3% following the publication of data on an unexpected increase in oil inventories in the United States from the us Department of energy.
GK Forex Club