Fed meeting in the focus, as data from China supported the marketsYesterday American markets continued sluggish decline. Decline was insignificant and triggered by strong statistics on consumer spending. Steady growth in consumer spending is the kind of driving force of the economy
Low Trading activity as market focus on the Fed meetingOn Friday, the developed countries markets closed in the negative territory. European exchanhews were down due to profit-taking and a general deterioration in market sentiment at the end of the week.
US GDP data in the focusYesterday, European stock markets have moved to moderate gains in the second part of trading session amid Deutsche Bank positive reports, as well as some commodity markets gains triggered by local US currency weakness.
US durable goods orders in the markets focusYesterday, the stock indices decline continued at a moderate pace. The current week might be characterized by a decrease in the quality of corporate reports, notably in Europe.
US Statistics and corporate reports led to profit-taking and market correctionYesterday, Europe moved to decline. Markets lost on weak corporate statements of the individual companies, and another round of concerns about banking sector state in the "old world."
US stock indexes to extend gains amid strong earningsUS stock index futures were pointing to a higher open on Tuesday, extending previous session gains as market players looked ahead of a major corporate earnings scheduled later in the day.
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