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.