Yellen Stated That The U.S. Economy Is Still Very Weak

Trading week started rather optimistically. American indexes added around 1% after the speech given by new head of FED, Janet Yellen. She has commented on the economic situation in the United States. Yellen acknowledged that the U.S. economy remains to be sluggish and more likely it will require incentives for longer period.

As, a result Dow Jones Industrial Average index grew by 0,82% and reached level of 16457,66 points, Nasdaq Composite index added 1,04% and has finished trading session on a level of 4198,99 points, S&P 500 increased for 0,79% up to the level of 1872,34 points.

European stock markets also were traded in the positive territory, but have decreased right before the closure of the trading session. Euro Stoxx 50 lost 0,34%. This morning indexes opened trading session in a green zone, DAX is growing for 0,41%, FTSE 100 is adding around 0,39%, CAC 40 adds 0,55%.

Optimism to the markets in the morning also has been brought by statistics from China. The official PMI index in March increased from 50,2 to 50,3 points, analysts were expecting that the index should decline up to 50,1 points. However, according to HSBC, the index of business activity in China fell from 48,1 to 48 points.

Situation in the commodities market remains to be stable, but not really optimistic in relation to further growth. Brent and WTI are losing 0,09% and 0,27% accordingly, traded on a price of 107,56$ and 100,55$ for barrel. Gold is up for 0,26% bargaining next to the level of 1287,12$ for troy ounce. Silver is up for 0,56% on a price of 19,86$ for troy ounce.

***
Enjoy more from your forex trading.
Join to “Forex Prize Rebates” here
http://www.forexprizerebates.com/en/

It´s FREE and you can get win unlimited prizes!

*****
Receive up to 80% bonus on any deposited amount

https://secure.mayzus.com/partner/80percentbonus

****