Overview of the main drivers: Stock indices and oil

The main European stock indices show some decline during trades on Wednesday, losing an average of -0.15% of positions, thereby providing some support to European currencies. See Quotations.

Oil prices resumed their decline during the European session, amid a continuation of the correction of positions in the market, on average lost about -0.57% of positions. This decline in oil prices does not put pressure on commodity currencies against the US dollar, which is due to the general weakness of the US currency, and also in connection with the expectation of the next data on oil reserves in the United States. Also, see “Oil (current news)“.

Alexander Sivtsov