Overview of the main drivers: Stock indices and oil

The main European stock indexes show mixed dynamics during the trading on Tuesday. The British FTSE 100 remains near the zero mark, demonstrating a maximum deviation of 0.04%, thereby not affecting the movement of the pound. Also, this dynamics of the British currency is connected with the expectation of publication of the UK budget forecast . German DAX adds to the quotes of about + 0.05%, CAC 40 + 0.37%, that is not enough to make a significant impact on the European currency. See Quotations.

Oil prices continue to move in a narrow range with a deviation of 0.05%, against which the commodity currencies also demonstrate weak volatility against the US dollar, which is also connected with the expectation of the publication of inflation data on the US. See “Market Focus“.

Alexander Sivtsov