Overview of the main drivers: Stock indices and oil

The major European stock indices show mixed dynamics in the course of trading on Wednesday. The British FTSE 100 rose by about + 0.70%, thereby putting pressure on the pound against the US dollar. DAX decreased by -0.09%, CAC 40 added to the quotes by about + 0.24%, against which the single currency keeps its positions against the US dollar. See Quotations.

Oil prices remain positive in the course of European trade, showing an increase of + 0.84%. In turn, this dynamics of oil prices does not provide adequate support to commodity currencies in anticipation of data on crude oil reserves in the United States.

Alexander Sivtsov