Daily Market Report - June 28, 2016

Video Length: 00:01:55

The fold in June’s reading influence a downtrend services growth in spite of improvement in the manufacturing sector while new business orders stalled in the service sector manufacturing soared.

According to analysts Cruz value is expected to stay around the fifty dollar mark until the end of 2016 as oil prices will try to recover from Brexit.

According to Michael Fratantoni an economist of Mortgage Bankers Association mortgage rates might reach 4.8% in December 2017.

U.S final GDP is expected to be released today at eight-thirty GMT official forecasts suggesting an increase in a possible boost for the dollar against the euro.

British pound my fine recovery after brakes as hard as the U.S, CB consumer confidence is expected to increase today.

Traders might expect medium volatility in the Swiss franc dollar pair is governing board members are supposed to make a statement or 1200 GMT.

Japanese yen is expected to weakened against the dollar today as Japanese retail sales data is supposed to fall to – 1.6% from the previous reading of minus 0.9 percent.

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.