European currency continues to lose ground against the U.S. dollar. High on the pair eur /usd was for yesterday 1.4351, its lowest level was fixed at 1.4206. Supporting the Americans had a fairly good statistics. Despite the fact that individual components of the index of orders for durable goods showed decline, total gross index rose in July to 4,9%. Sales in the primary housing market just increased and amounted to 433 thousand against 384 thousand a month earlier. However, despite the fairly good statistics, recently sold by theinvestors do not actively seek to win back her. The reasons for this may be different, but it is worth noting that some market participants expect the second wave of the crisis and do not really trust the positive numbers. The housing sector, which shows at the moment digital growth is unlikely to really out of the crisis. Moreover, many banks are currently not being evicted from housing mortgage debtors and delay the date for payment of debt, in order not to write off these debts from its assets. It is unlikely that this situation will continue for a long time, so some investors are confident that the next wave of bankruptcies will not be long in coming. From today's news worth mentioning the publication of the corrected data on U.S. GDP for the 2nd quarter, as well as data on the number of applications for unemployment benefits, which have recently become very important.
The stock market finished yesterday virtually unchanged. Despite the fact that the housing market grew in July, the highest rate in the last 10 months it had no significant effect on the players, because this fact was probably already covered. At the end of the day Dow Jones rose 0,04% to 9.543,52 points, Standard Poor's 500 rose 0.01% to 1.028,12 points. The Nasdaq Composite Index rose to 0,01% to 2.024,43 points.
European currency continues to lose ground against the U.S. dollar
European currency continues to lose ground against the U.S. dollar. High on the pair eur /usd was for yesterday 1.4351, its lowest level was fixed at 1.4206. Supporting the Americans had a fairly good statistics. Despite the fact that individual components of the index of orders for durable goods showed decline, total gross index rose in July to 4,9%. Sales in the primary housing market just increased and amounted to 433 thousand against 384 thousand a month earlier. However, despite the fairly good statistics, recently sold by theinvestors do not actively seek to win back her. The reasons for this may be different, but it is worth noting that some market participants expect the second wave of the crisis and do not really trust the positive numbers. The housing sector, which shows at the moment digital growth is unlikely to really out of the crisis. Moreover, many banks are currently not being evicted from housing mortgage debtors and delay the date for payment of debt, in order not to write off these debts from its assets. It is unlikely that this situation will continue for a long time, so some investors are confident that the next wave of bankruptcies will not be long in coming. From today's news worth mentioning the publication of the corrected data on U.S. GDP for the 2nd quarter, as well as data on the number of applications for unemployment benefits, which have recently become very important.
The stock market finished yesterday virtually unchanged. Despite the fact that the housing market grew in July, the highest rate in the last 10 months it had no significant effect on the players, because this fact was probably already covered. At the end of the day Dow Jones rose 0,04% to 9.543,52 points, Standard Poor's 500 rose 0.01% to 1.028,12 points. The Nasdaq Composite Index rose to 0,01% to 2.024,43 points.
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