Overview of the main drivers: Stock indices and oil
The main European stock indices demonstrate a positive trend in the course of trading on Monday. FTSE 100 added to the quotes of about + 0.30%, thereby restraining the growth of the British currency against the US dollar. DAX and CAC 40 on average grew by + 0.60%, thereby putting some pressure on the single currency against the US dollar. See Quotations.
Oil prices remain above the zero mark in the course of trading, on average adding to the quotes about + 0.35% of positions. This dynamics of oil prices has only a slight support for the commodity currencies against the US dollar, in anticipation of the OPEC meeting with the shale oil producers in the United States. See “Oil (current news)“.
Alexander Sivtsov