The US stock market is trading slightly higher as a result of the good run of Kim Jong Un – Donald Trump meeting. In support of purchases, there are also better US inflation data, which set a moderate growth of 0.2%. In the first minutes of the US trade session, the most desirable is the utility sector, and most lose is the consumer.
Despite the good prospects and the absence of any barriers to the stock market, the growth is currently quite limited, as traders expect the Fed’s decision on the key interest rate and the long-awaited ECB statement, which should provide guidance for the next 48 hours the forthcoming change in monetary policy in the euro area.
Trader Petar Milanov