Technical Analysis & Market Review 25th November 2015
– American Session
General Market News
The U.S. share index futures slightly increased today ahead of a plethora of economic releases that might affect the decision of the Federal Reserve Bank in regards to the interest rate increase by next month. The Global shares increased as well, following Reuters report that the European Central Bank’s officials considered to extend the monetary policy easing. The Great Britain kept its economic growth expectations for 2015 at 2.4 percent despite the global economic slowdown, as was pointed by the Finance Minister George Osborne. The initial unemployment claims of US have been announced beating the 270K that was expected, showing a decreased 260K figure. US Cencus Bureau released the Durable Goods Orders for October session reporting an increased 3 percent figure against the 1.5 percent that was expected, following two months of decline with the increase in demand for commercial aircraft to lead the way....
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