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DOW JONES: 20-02-2017

DOW JONES: 20-02-2017
February 19
15:01 2017

DOW JONES

There is strong possibility that US FED will increase interest rate very soon because the macro-economic data’s which are coming out is suggesting strong economic growth of the US economy.  The latest data of US initial jobless claims was above market analyst expectation, jobless claim increased by 5000 while compared to the expectation for 11000.  US stock markets are also suggesting weak upward momentum; DOW JONES has resistance at 20619 and support at 19797.

 

Image Credits: “Venturelli Luca/Shutterstock.com”

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ALEX MATHEWS

ALEX MATHEWS

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