World stock markets started the week with growth
World stock markets on Monday mostly grew after the decision of the national Bank of China on further monetary policy.
Us indices showed positive dynamics, showing an average growth of 0.2% after the release of weak statistics on the U.S. economy. So, the US unemployment rate in August remained at the level of the previous month to 3.7 percent, in line with market expectations. The number of jobs in non-agricultural industries increased by 130 thousand, while the market expected the figure will increase by 160 thousand.
Investors with optimism have apprehended the statement of head of the fed Jerome Powell, who dispelled some of their fears about recession in the United States. The expectations of the regulator, the U.S. economy will continue to grow by 2-2,5% in 2019.
The rise of the American market have allowed trader Forex Club during the day to earn more than 7 thousand dollars on the dynamics of Dow Jones. Asian markets closed lower on Tuesday as Monday a growth in the range of 1.9% against the background of the decisions of the Central Bank of China monetary policy.
Chinese people’s Bank on Friday announced that 16 September will be reduced by 50 basis points the reserve requirements for financial institutions. The regulator said that the volume of the released liquidity will be about $ 127 billion. This measure, according to Chinese Central Bank should support the economy amid a new round of escalation of trade war with the United States.
At the same time, the optimism of investors was limited to the ambiguous statistics from China. So, the country’s exports in August fell by 1% in annual terms, although the expected increase of 2%. At the same time imports decreased by 5.6%, although the market was expecting stronger reduction of 6%.
European markets on Monday was not. Better than other indicators looks like the German DAX, which reacted positively to the news that Germany is ready to continue to increase its investment in China to expand areas of cooperation.
The Russian stock market on Monday does not show uniform dynamics of indexes, the ruble is adds about 20 cents to the dollar and the Euro.