Overview of the main Drivers: Stock Indices and Oil

The main European stock indices are moving in the green zone during trades on Tuesday, on average adding about + 0.32% to the quotations, thereby putting pressure on European currencies against the US dollar. See Quotations.

Oil prices remain positive in the course of European trading, on average, adding to the quotes of about + 1.23%. In turn, this price dynamics in the oil market provide little support for commodity currencies in anticipation of data on oil reserves in the US, as well as tomorrow’s results of the Fed meeting. For more information, see Oil (current news).

Alexander Sivtsov