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for info from here (French google translated)

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Post# of 658
Posted On: 10/06/2016 6:52:21 AM
Posted By: Ciao
for info from here (French google translated)

Quote:
THE ACTUALITY OF MARKETS
ECB, FED, SFR, ACRONYMS OF THE DAY AT THE PARIS BOURSE

This is a new little progress as the Paris Stock Exchange is about to start the meeting on Thursday, following a rebound on Wall Street and buoyant Asian markets. Last night, the US indices resumed about half a point, supported by their bank and energy components. The first took advantage of the prospect of an imminent rate hike in the US, scenario supported by the publication of a very good ISM services, stood well beyond expectations and to its highest level since October 2015. the sub-index of new orders in particular significantly exceeded analysts' expectations. Last night, the president of the Richmond Fed, Jeffrey Lacker, said that inflation seems to be accelerating, which should encourage the Federal Reserve to raise soon the interest rates. For now, according to calculations by Bloomberg from the Fed funds futures contracts on the likelihood of a rate hike in the US is 23.6% in November and 62.1% in December.

The energy values ​​have in turn benefited from the rise in crude, after another weekly decline (surprise) of oil stocks in the United States. We learned last night that otherwise the oil producers of OPEC and non-OPEC plan to hold an informal meeting in Istanbul from 8 to 13 October to discuss the implementation of the production limitation agreement concluded between OPEC members in Algiers.



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