• WSE: After start on Wall Street

Market news

12 August 2016

WSE: After start on Wall Street

Today's data from the US economy, a zero increase in sales with forecast of 0.4 percent growth and a decline excluding cars was supplemented by the low readings of PPI. These figures stand in clear contradiction with the data from the labor market.

In short, these are not the data that allow the Fed to raise interest rates at the September FOMC meeting. It was hardest reflected in quotations of the dollar and boost of the weakening of the US dollar appeared on most pairs associated with the USD. The stock market went up to the report calmer. At the beginning of trading on Wall Street the S&P500 index lost 0,20 percent.

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