Wall Street last week: The market ended a quarter on a 4 day winning streak that started after President of the Federal Reserve Janet Yellen said the central bank plans to raise interest rates. Standard & Poor’s 500 grew by 0.4 percent to 2.519.36, and the industry average Dow Jones grew by 0.1 percent to 22.405.09. Nasdaq Group rose 0.7 percent to 6,495.96. S & P 500 and NASDAQ also closed at weddings.
Economic Data Of Japan:
The Quarterly Consultations of the Japanese Bank “Tankan” showed a better forecast for the third largest economy in the world. A survey of leading manufacturers has shown a bottleneck at a capacity factory that has forced companies to invest more in order to boost growth. Another private sector survey, the Nikkei Purchasing Managers’ Index, also showed that manufacturers increase production to increase order input. However, the market response was moderate, as other uncertainties, such as the situation in North Korea and the fast-paced election, were scheduled for October 22nd.
The real question is how the economic environment in terms of early elections and current geopolitics developed with North Korea’s nuclear weapon The result is that after six consecutive quarters of growth, the company remains strong, but politics and geopolitics may, without this being understood, , “Mizuho Bank, Ltd. said in a comment.
The official poll published on Saturday said China’s manufacturing activity rose in September for the fastest time in five years as it was strengthened to address the most significant strong demand for the industrial production sector. The official procurement managers’ index rose to 52.4 in September, from 51.7 in the previous month and the highest level since April 2012. The Federation Logistics and Procurement Report reported that production, new export orders and the total number of new orders grew faster in the month.
The US crude oil crude index has lost 12 cents to $ 51.55 per barrel. On Friday, in New York, 11 cents rose to $ 51.67 per barrel. Brent Crude, the International Oil Price Standard, sank 21 cents to $ 56.58 a barrel. The United States Crude Oil rose by 12 percent in the third quarter, helping energy companies to improve the rest of the market.
Dollar rose to 112.85 yen from 112.46 on Friday. The Euro fell to $ 1, 1776 for $ 1, 1813.