Overview of the basic drivers: Stock indices and oil

The main European stock indices demonstrate a negative trend in the course of trading on Thursday, losing an average of -0.70% of positions, thereby providing only a minor support to European currencies against the US dollar. See Quotations.

Oil prices slightly increased during the European trades, thereby providing some support to commodity currencies against the US dollar. At the moment, oil prices are losing on average about -0.50% of positions and, while maintaining negative sentiments, will put additional pressure on commodity currencies.

Alexander Sivtsov