– American Session
General Market News
The stock index futures of US rose today as the mix economic outlook of China showed that additional stimulus might be needed in order to boost growth. While the Retail sales for October session in China increased, beating the expectations, the Industrial production slowed down reaching the lowest level within a 7-month period. European stocks set at higher level today as Denmark’s brewer Carlsberg stocks climbed by 9 percent after new restructuring plans by its management. Henkel’s shares inched up by 8.2 percent following the higher than expected key profit increase for the third quarter of the German consumer goods group. The prices of the crude oil decreased today following the industry outlook that showed an increase in the US stockpiles...
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