Investors Took A Tentative Position

Yesterday, during the day, the news background and moods in the trading environment considerably improved, which helped indices return to the green zone. The American stock indices finished the trading day with the Dow Jones Industrial Average adding 0,91% and reaching the level of 16173,24 points, the S&P 500 grew by 0,82% to the level of 1830,61 points, and the Nasdaq Composite index increased by 0,57%, and is now traded on a level of 4022,69 points.

Growth of the indices was promoted by the publication of positive statistical data – the index of retail sales increased to the level of 0,7% from 0,3% a month earlier, and exceeded expectations of 0,5%. Retail sales also showed a growth of 1,1% from the level of the previous month, based on 0,7%, and appeared to be higher than the expectations of the analysts at 0,8%.

Positive moods on the American stock platforms also pushed the European indices to close the trading day in the green zone. After the opening of the trading session in the U.S, the London stock exchange index, the FTSE 100, grew by 0,34% and was closed at the level of 6583,76 points, the index of the Parisian stock exchange, CAC 40, rose by 0,43% and was closed at the level of 4384,56 points, and the index of the Frankfurt stock exchange, DAX, added 0,26% and reached the level of 9339,17 points.

Commodities are dropping slightly from the levels reached yesterday, Brent Oil and WTI are losing 0,27% and 0,61% accordingly, traded on levels of $108,77 and $102,58 per barrel. Gold is falling by 0,99% traded on a level of $1314,37 per troy ounce, and Silver is losing 1,18% and is traded again below the level of $20,00 per troy ounce, at the price of $19,77.

Today quite a lot of important statistical reports will be published, we will see data on the trade balance of the Eurozone and the ZEW indices in Germany, as well as the Consumer Price Index of the USA and Great Britain.