Daily Market Report - August 17, 2016

Welcome and good morning thank you for joining us for Wednesday’s daily market outlook brought to you by anyoption

Thanks to market expectations for further easing Wall Street Stocks continue the bullish momentum

According to recent analysis the Japanese economy is showing clear signs of stagnation in the second quarter.

Tesla shares are expected to move lower as traders lose confidence in the car manufacturer, which fell short on its promise to deliver vehicles on time.

The change in the price businesses in the government pay for labor in Australia is expected to increase which will most likely support the Ozzie against the dollar.

The pound is expected to move higher against the dollar thanks to forecast pointing to an increase in the change in the price businesses and government pay for labor in the U.K.

Traders should expect high volatility as FOMC member to speak about the US economy at the Wealth and Asset Management research conference in St. Louis Today.

The dollar-yen pair is supposed to experience high volatility today is the detailed record of the FOMC’s most recent meeting will be disclosed.

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.

Disclosure: None.

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