US stocks: trade agreement with Mexico has encouraged investors
U.S. stocks will start the bidding environment positively in the background which continued to prevail in the world markets complacent sentiment after reaching a trade agreement with Mexico.
Us stock indices on Tuesday closed trading in positive territory on the background of the trade agreements between the U.S. and Mexico. Investors also inspired plans for U.S. negotiations with partners in NAFTA.
Wednesday will be published data on the dynamics of the country’s GDP in the II quarter. Market participants expect the growth rate was 4%.
Major stock exchanges in Asia on Wednesday closed trading mostly positive, with optimism of perceiving agreements between the USA and Mexico. Asian investors are hoping that soon there may be developments in trade relations between the US and China.
The major European stock indices on Wednesday also mostly higher, hoping that an agreement between the U.S. and Mexico will soon join Canada.
However, some disappointed investors by weak data from Germany where the index of consumer confidence in the economy dropped to 10.5 points, while market participants waited for the saving rate at 10.6 points.
World oil prices Wednesday grow in anticipation of the publication of data on oil reserves in the U.S. for the week. As investors expect U.S. oil inventories fell last week by 2 million barrels.
In the longer term, the growth of oil prices are concerns of market participants about possible reduction of deliveries of oil from Iran.
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