Market Events Impacting Dow Jones on November 30

The Dow Jones is expected to open on a positive note (Nov 30, 2016) owing to surge in oil ahead of decision from OPEC meeting. Market events impacting Dow Jones today are as follow

Rise in Oil prices:

Oil prices have risen as meeting with OPEC ministers started in Vienna today, amid hopes that a deal will be struck.

US Treasury Secretary:

Steven Mnuchin is speculated to be the next U.S. Treasury secretary, ex-Goldman Sachs banker, which appears to contradict Donald Trump’s hostility to the business elite.

Mark Carney Warning:

Bank of England Governor Mark Carney gave a direct warning to the European Union today, that the the EU has a lot to lose if the British banking system is damaged due to Brexit

Rally in European Market:

European market rallied as Euro-area inflation rose to 0.6 percent y-o-y in Nov’16, from 0.5% in Oct’16, with core inflation remaining unchanged at 0.8%

Hope above indicators help you in adjusting your market strategy for today and do visit our website tomorrow for daily market news impacting Dow Jones.

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