US markets rose Wednesday after fresh signs of economic growth in the United States.
At the same eyes investors the possibility of a solution to the crisis in Greece.
This resulted in Dow Jones 0.36 percent to 18,076.27, while the S & amp; P500 rose 0.21 percent to 2,114.07. Nasdaq ended the day up 0.45 percent to 5,099.23.
Employment
number of employees in the private sector in the US rose by 201,000 people in May According to figures from ADP Employer Services.
FactSet consensus was according to MarketWatch of 200,000.
April growth was revised down from 169,000 to 165,000 jobs.
The employment figures is seen as an important indicator for the development of the official labor market figures, “non-farm payrolls,” published Friday.
The index covers over 20 percent of all employees in the private sector in the United States.
The trade balance
The US trade balance for goods and services was negative $ 40.9 billion in April.
The consensus was according to MarketWatch at minus $ 43.5 billion .
Imports fell 3.3 percent to $ 230.8 billion, while exports were up one per cent to $ 189.9 billion.
March deficit was revised from 51.4 to $ 50.6 billion.
The full report here.
Predictions from OECD
OECD expecting a global economic growth of 3.1 percent in 2015, and then seeing a growth of 3.8 percent in 2016. The projections in the organization’s last WEO report was respectively 3.6 and 3.9 percent.
The world’s largest economy, the United States, is expected to increase by 2.0 percent in 2015 and 2.8 percent in 2016. Here are estimates dragged down from 3.1 and 3.0 percent.
China’s growth is expected to be 6.8 this year, revised down from previous forecast of 7.1 percent.
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