Overview of the main drivers: Stock indices and oil

The main European stock indices demonstrate a positive trend in the course of trading on Friday. On average, European indices added about 0.70% to the quotations, due to the significant growth of DAX. In turn, this dynamics of the stock market does not have a significant impact on foreign exchange instruments, which is due to the expectation of the publication of the main report on employment in the US. See Quotations.

Oil prices remain positive, on average added + 0.55% to the quotations, which allows commodity currencies to hold their positions against the US dollar, pending a report on employment in the United States. Also, see “Market Focus.“

Alexander Sivtsov