Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
07:50
Asian stock markets are trading in a mixed trend, with indices in Tokyo and Hong Kong climbing 0.9% and 1.7% respectively but in China the stock markets are down 0.7% to 0.9%.
Growth figures in Japan were released this morning and show that the country’s GDP contracted at an annual rate of 0.5% in the first quarter of 2022, when market forecasts were down 1%. : 00 (Israel time) EU growth data will be published.
Wall Street contracts are trading down 0.3% -0.4%, after trading ended last night with gains. The Dow Jones Industrial Average was up 0.8%, the Nasdaq was up 0.9% and the S&P 500 was up similarly. Points to 2.99%.
Siren The Israeli company, which deals with information and cyber security, jumped 37% in late trading after signing a final agreement to sell its email security activity (Secure Email Gateway) to Content Services Group GmbH for 10 million euros in cash.
In the commodity market the trend is stable. The price of Brent crude oil traded unchanged at around $ 120.7 a barrel and US oil traded at $ 119.7 a barrel. Goldman Sachs expects the price of brent to average $ 140 a barrel between July and September. The previous forecast was $ 120 a barrel. According to estimates, the average bank in the second half of the year will stand at $ 135 a barrel, an increase of $ 10 from the previous forecast.
Gold is also stable and the price per ounce is about $ 1,849. Bitcoin continues to shuffle around $ 29.6 thousand, down more than half since its peak in November, when it reached about $ 67,000.