Overview of the basic drivers: Stock indices and oil

The main European stock indices show mixed dynamics in the course of trading. The British FTSE added about 0.40% to the quotations, which hinders the growth of the pound against the US dollar. DAX and CAC 40 on average lost about -0.30% of positions in the course of trading, thereby providing additional support for the single currency against the weakened American. See Quotations.

Oil prices keep rising dynamics during the European session, on average adding to the quotes about 0.52%, thereby supporting the commodity currencies. For more information, see “Oil (current news)“

Alexander Sivtsov