Forex Club analyst explained the reason for the rise in the US stock market
According to Forex Club analyst Dmitry Lemaev, against the backdrop of Joe Biden's inauguration, American indices closed at record levels. Asian markets also see prospects for additional support for the US economy. The main indices recorded an increase of 1.5%. We will remind, earlier Biden talked about the stimulus package for 1.9 trillion dollars. In addition, the new president plans to work on another package of support for the American economy.
According to Forex Club analyst, European markets are also showing positive dynamics. Now participants in financial markets are waiting for the ECB's decision on further measures to combat the coronavirus.
The situation with the British market is as follows: in December 2020, inflation accelerated to 0.6% (in November this figure was at 0.3%), consumer prices rose by 0.3%. Forex Club experts say that the British market is supported by strong economic statistics.
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