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© Reuters.
Investing.com – Discover the Top Five Financial Market News on Thursday, December 13:
1. The US futures market has indicated a slightly higher opening
The US futures market has indicated a slightly bullish opening, investors hoping that US-China trade relations will remain optimal.
At around 8:30, the blue chips index was up 26 points, or about 0.1%, 5 points, or about 0.2%, while the future technology index indicated a gain 28 points, or about 0.4%. [19659006] Pre-market movements came after Wednesday's trading on Wall Street, with the Dow closing nearly 160 points, indicating that the US and China will be able to resolve their differences by strengthening the market. ;optimism.
In Europe, stock markets rose for the third day in a row, with most of the region's major stock markets in positive territory.
Previously, Asian equities closed higher, with Japanese and Hong Kong stocks posting the strongest gains. the whole region.
2. Decline in US Dollar and Treasury Bills
O, which measures the strength of the currency against a weighted basket of the six major currencies, fell by 0.1% to 96.92.
O was with the On the bond market, Treasury yields fell further, the benchmark being at 2.89%, while the yield on Treasury bonds
Regarding economic data, investors will likely follow closely at 11:30, a November index to be published simultaneously
the Fed will announce its fourth rise in 2018 next week, but investors are beginning to question the number of increases in rates likely to be implemented next year.
3. Theresa May, UK Prime Minister, visits Brussels
In Europe, the British Prime Minister travels to Brussels for a two-day summit bringing together the 28 national leaders of the bloc dominated by Brexit.
Although the European Union does not renegotiate the current agreement on Brexit, it "is ready to consider whether a new guarantee can be provided" to Britain through Irish support.
The book was high. 0.2%, the pair being listed at 1.2660. The currency jumped from 1.2478, its lowest level in 20 months in the last session, to end at 1.1% after May survived a vow of mistrust.
Any relief expected for the pound sterling should be brief, since May appeared to be not about to sign its Brexit agreement by parliament, increasing the risk of a cash outflow without settlement in March .
4. ECB Monetary Policy Meeting
The European Central Bank is about to end more beautiful! This year, the European Central Bank is expected to officially announce the end of its three – year easing program with a budget of 2.6 trillion euros.
The ECB will publish up-to-date growth forecasts and investors expect them to reduce the inflation rate in the euro area, again its GDP forecast after an exceptionally weak third quarter, while The economy of the region was struggling to cope with global trade conflicts, Italian politics and confused Brexit discussions.
The ECB is already committed to keeping interest rates at current levels until 2019. However, the slowdown in growth, weak business optimism and instability growing policy bet on a rate hike in December 2019.
The money market price suggests that investors are expecting a probability of about 75% increase in ECB rates. Next year, against 100% just a few weeks ago.
It was slightly modified before the decision.
5. Lower oil prices
In commodity markets, oil prices fell after the International Energy Agency (IEA) warned that the influence of American shale in the world oil markets would only get stronger "
" Even though the United States was not present in Vienna, no one could ignore its growing influence, "said the IEA in its December Report previously published
Futures dropped by 27 cents, or about 0.5 cents.
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