US stocks rise followed Asian exchanges

  • And
  • +A

The trading session Friday on the us stock market can begin with steady growth of indices in the expectation that the US authorities can cancel the increase in import duties on goods from China.
On the eve of major US stock indices rose by 0.7-0.8%. The initiative to abolish duties on Chinese imports was made by the head of the U.S. Treasury. But other officials in the country with this idea do not agree and believe that concessions to China can be regarded as a sign of weakness.
Asia stocks on Friday finished trading session in positive territory at 0.8% to 1.2%, as investors hope for an improvement of trade relations between the US and China. Now market participants are waiting for data on the growth of China’s GDP in the fourth quarter, which will be published on Monday. Expected on the market, the economy grew during this time by 6.4%.
European stocks rose 0.7% to 0.9% following the Asian markets and the United States. However, investors in Europe remain concerned about the uncertain situation around Brexit. After the British Parliament rejected the Prime Minister the draft agreement, the government 21 Jan should offer him a new plan.
World oil prices on Friday to go up and increase more than 1% amid decline in OPEC oil production in December, which follows from the corresponding report of the organization.
______________
Ivan Marchena,
Analyst
GK Forex Club