Breaking News

U.S. and Europeans shares edge up, oil slides upon Iran's supreme leader nuclear decision.

News Date: 21/10/2015 10:23:06
Update Date: 21/10/2015 10:46:58
 

Europeans shares rose on Wednesday as third quarter results for a host of key companies beat expectations. Britain's FTSE 100 rose 6 points, or 0.10% to 6,350. France's CAC 40 rose 22 points, or 0.48% to 4,696. Germany's DAX was the biggest gainer with a 90 points rise, or 0.87% to 10,235.

 

U.S. indexes rose in tandem, with Dow Jones gaining 40 points, or 0.25% to 17,260. S&P 500 rose 3 points, or 0.14% to 2,033. NASDAQ rose 12 points, or 0.24% to 4,892.

 

Oil lost heavily on Wednesday as traders believe an expected future drop in U.S. production will be more than offset with new Iranian oil due after its nuclear deal implementation. Iran's supreme leader Khamenei gave his approval to the deal today. Brent crude futures for December fell 70 cents, or 1.40% to $48.02 a barrel. U.S. crude futures fell 89 cents, or 1.92% to $45.40 a barrel.

 

Dollar was little changed, with the dollar index (DXY) rising 0.09% to 94.94. Against Euro it was flat at 1.1344. It was also flat against Sterling at 1.5441. Against Yen it kept its early gains, sitting on a one-week high at 119.97.

 

Euro was steady ahead of tomorrow's ECB policy meeting; it last stood at 0.7344 against Sterling. Against Yen it made inroads, hovering around 136.12.

 

Commodity-linked currencies took a slide as commodities fell. Canadian dollar fell to a one-week trough, trading at 1.3057 against U.S. dollar. Australian dollar fell to $0.7212.

 

Spot gold lost 11 dollars, or 0.97% to $1,166 an ounce. Silver fell 24 cents, or 1.54% to $15.66 an ounce.  

Latest news

The number of global Coronavirus infections is increasing at an unexpected speed, and German Chancellor Angela Merkel said yesterday that the pace of new infections is advancing day after day, and at
11-2020 17 08:37:57

Japanese stock indices closed lower today, due to undermining investor sentiment for fear of a rise in Corona cases, and the Nikkei index fell by 0.53% to 25385.87 points, and over the course of a we
11-2020 13 05:10:43

The US dollar manage this morning, to achieve progress during the trading session, as the « safe currency » rose by 0.04% to indicate 93.073, and the dollar fell against the Japanese yen
11-2020 12 08:11:42

Trump is still trying to raise the curtain on the corruption – as he claims – which was defined by the polling process in the last major US election that was sorted by Democrat Joe Biden,
11-2020 11 08:58:20

Most of the global markets rebounded on Monday, right after the opening of the weekly trading session, after Democrat Joe Biden won the US presidential elections, and both stocks and commodities rebo
11-2020 10 09:23:45

More News

Logs

Advertisements