Daily Market Report - July 26, 2016

Both Tesla Motors and SolarCity Corp are in the final stages of carrying out due diligence and boosting each other’s value. Oecd secretary-general and Joe Korea stated that fiscal space increases due to low interest rates.

Video Length: 00:01:50

Welcome and good morning thank you for joining us for Tuesday’s daily market.

Both tesla motors and SolarCity Corp are in the final stages of carrying out due diligence and boosting each other’s value.

Oecd secretary-general and Joe Korea stated that fiscal space increases due to low interest rates.

According to analyst the next rate hike will probably happen in December due to the nearing us election.

The change in the price of services purchased by corporations is expected to decrease by 0.1 percent which will most likely pressure the end against the dollar.

The number of new mortgages approved for home purchase by BBA represented banks during the previous month is expected to decrease by 2000 which will most likely cap market gains for the pound.

The level of a composite index based on survey manufacturers building services and trade related firms is projected to fall to minus zero point six points which will likely pressure the Euro against the dollar.

The level of a composite index based on surveyed households is expected to depreciate by two point four points which will most likely pressure the dollar against the swiss franc.

Thank you for joining us for Tuesday’s market outlook on behalf of all of us here at anyoption we wish you a productive trading date.

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