US stocks took a breather after strong gains yesterday
In global stock markets on Thursday 11 July there was contradictory dynamics of stock indices.
Investors after an active game at the improvement that took place before the background of an increasing probability of the Fed lowering short-term interest rates base, moved to partial fixing of profit.
Us economic data serves moderately negative signals, supporting a corrective mood. Thus, the index of consumer prices in the U.S. in June rose by 1.6% in annual terms, month-on-month by 0.1%. Analysts were expecting zero inflation for the month, and annual data in line with expectations.
US stocks ahead of U.S. jobs data was mixed varied within 0.4%. Western European stock indexes in the evening has declined between 0.2% from the start of trading. Regional stock markets have drawn attention to the protocols of the ECB meeting Thursday.
The Board of Directors of the regulator is preparing for action to support the Euro zone economy is export-oriented. This will be achieved by lowering the key interest rate, which currently is at a level of -0,4%, or by resumption of the program (with a volume of 2.6 trillion euros) for the purchase of the bond market.
The Euro against the dollar in the evening in the area was 1,125. The pressure of the Euro “bears” in the previous days helped one of the traders Forex Club earn in a day more than 5 thousands of dollars on short positions on EUR/USD.
To 17.48 GMT, the Euro rose relative to the previous fixing by 0.04% to 1,1257 dollar.