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Welcome and good morning thank you for joining us for Wednesday’s daily market outlook brought to you by anyoption.
Mergers and acquisitions between corporations declined to 204 from the month the average for 295 after the jun 24 results as investors continue to proceed with caution. European stocks continued to head higher according to the German nfo business climate index was down slightly in July but still at its second-highest level this year.
The change in the price of goods and services purchased by consumers in Australia is expected to increase by 0.6% which will most likely boost Ozzy gains against the dollar. The change in the inflation-adjusted value of all goods and services produced by the economy is supposed to increase by 0.1 percent which will probably support the pound against the dollar.
The change in the total value of new purchase orders placed with manufacturers for durable goods excluding transportation items in the u.s. is expected to increase by 0.6% which will most likely pressure the Euro against the dollar. The interest rate at which depository institutions let balances held at the Federal Reserve to other depository institutions over light is supposed to remain the same which will most likely push the dollar lower.
Thank you for joining us for Wednesday’s market outlook we hope that you’ll tune in tomorrow morning for the latest events in the market.
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