• WSE: After start on Wall Street

Market news

28 July 2016

WSE: After start on Wall Street

In the afternoon, we met weekly data from the US labor market. The number of applications for unemployment benefits in the US rose at the about 14 thousand, what is a result of slightly higher than forecast, but remains at a very low level, and 73 weeks in a row is below the critical limit of 300 thousand. From the point of view of investors is not important information because it does not lead to any changes.

The market in the United States opens in neutral and remains with a well-known consolidation. The Federal Reserve and the data from the labor market have not proved an important stimulus, and today it is difficult to expect changes as a result of the empty calendar.

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