Despite the impact that Janet Yellen’s latest statements had on the stocks globally, the major American indices have went up after yesterday’s trading. The Nasdaq was higher by 0.53%, while the S&P 500 and the Dow Jones were up by roughly 0.40%. Today’s highlight remains the release of the Nonfarm Payrolls from the United States. Investors remain cautious to whatever effect the data may have on the current sentiment in the markets, as the majority of the economic data prior to it was below expectations. The dollar was higher against most currencies today, yet remains vulnerable to the fundamental events today.
After a series of negative sessions, the major Asian indices finished today higher, after they recovered from their losses earlier on this week. The Shanghai Composite retraced from its one-month low and closed the session after rising by 2.28%, while the Hang Send was higher by 1.05%. Despite the release of negative economic data from China, the indices were little affected and managed to go up. More Chinese data is yet to be released before the weekend, with the CPI due to come out after 00:00GMT today. The Japanese Nikkei was also higher today, reaching the value of 19,379.19, while the yen remained weaker against most currencies.
The FTSE 100 started the session by going up by more than 1.57%, and moving higher than the psychological level of 7,000. After the elections were in favor of the Conservatives, the markets seem to have taken the results positively, and the British Pound along with the British stocks rallied today. The majority of the FTSE’s constituents were higher today as well, with Lloyds Banking Group rising by more than 5%. The German DAX and the French CAC 40 also performed better today, but the movement remains prone to the important releases from the U.S. today.
May 8, 2015
Despite the impact that Janet Yellen’s latest statements had on the stocks globally, the major American indices have went up after yesterday’s trading. The Nasdaq was higher by 0.53%, while the S&P 500 and the Dow Jones were up by roughly 0.40%. Today’s highlight remains the release of the Nonfarm Payrolls from the United States. Investors remain cautious to whatever effect the data may have on the current sentiment in the markets, as the majority of the economic data prior to it was below expectations. The dollar was higher against most currencies today, yet remains vulnerable to the fundamental events today.
After a series of negative sessions, the major Asian indices finished today higher, after they recovered from their losses earlier on this week. The Shanghai Composite retraced from its one-month low and closed the session after rising by 2.28%, while the Hang Send was higher by 1.05%. Despite the release of negative economic data from China, the indices were little affected and managed to go up. More Chinese data is yet to be released before the weekend, with the CPI due to come out after 00:00GMT today. The Japanese Nikkei was also higher today, reaching the value of 19,379.19, while the yen remained weaker against most currencies.
The FTSE 100 started the session by going up by more than 1.57%, and moving higher than the psychological level of 7,000. After the elections were in favor of the Conservatives, the markets seem to have taken the results positively, and the British Pound along with the British stocks rallied today. The majority of the FTSE’s constituents were higher today as well, with Lloyds Banking Group rising by more than 5%. The German DAX and the French CAC 40 also performed better today, but the movement remains prone to the important releases from the U.S. today.
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