The stock exchanges in New York opened Tuesday with a profit. Just like in Europe, the attention on Wall Street goes to President Mario Draghi of the European Central Bank (ECB) who said he was prepared to take more incentive measures. In addition, the interest rate decision of the Federal Reserve on Wednesday is especially looked forward to.

The leading Dow-Jones index was 0.7 percent higher in the opening minutes at 26,296 points. The wider S&P 500 also rose 0.7 percent to 2907 points. Nasdaq tech fair was set 0.9 percent higher at 7918 points.

Draghi said that the ECB can take extra steps if economic expectations do not improve. Monetary instruments include interest rate cuts and buy-back programs, according to Draghi at the annual ECB forum in Sintra, Portugal. At the European stock markets, there was a positive response to Draghi’s words, while the euro fell in value. US President Donald Trump lashed out at Draghi accusing him of manipulating the euro to the detriment of the United States.

The Fed will start its two-day policy meeting on Tuesday. It is expected that the umbrella of US central banks will not adjust interest rates this time, but may well open the door for an interest rate cut later this year.

Facebook is also in the spotlight after the unveiling of its own crypto coin. The cryptomunt will be named Libra and should be available in Messenger and WhatsApp from next year. Users can make purchases with it. The share rose 1.8 percent.

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