Monday, October 16, 2017

Oil and the ruble may remain under pressure

Oil and the ruble may remain under pressure

Attempt
stock markets at the beginning of the week to develop upward correction fiasco
and they resumed falling. Part of the reason became aggressive comments
Representatives of the US Fed's Lockhart and Uilms, which made it clear that permit
rate hike in June. The negative and added color is not strong enough
Statistics from China and the United States, which only added to concerns about the
the global economic outlook. But the closure of the indices still recovered some
losses. As a result, US Dow Jones and NASDAQ
completed its virtually unchanged, losing 0.17% and 0.07%, respectively.
German DAX 30 It fell to 1.82%. The American fell by 2.94%. A fall
3.51% Hong Kong demonstrated HSI.


In the currency
market week was marked by the strengthening dollar and weakening commodity currencies,
came under further pressure on weak macroeconomic
statistics. As a result, AUD / USD It lost 3.16% NZD / USD subsided
2.09%. Couple USD / CAD It showed an increase of 2.82%. costs
It noted that the Canadian dollar and the Russian ruble experienced negative
influenced by falling oil prices.


Over the past
weekly oil brand Brent It fell to 4.69%, which is not surprising against the background
Information about the growth of production in the OPEC countries. quotes energy source
dropped to the level of 45.30 at the close. Weak data from China, which
is the largest consumer of copper in the world collapses quotes red
5.5% metal. Precious metals, which earlier this week renewed
highs since January last year developed a law-governed downward correction. Gold
(XAU / USD) becomes 0.36%. Silver (XAG / USD) fell by 2.02%.


Continued on site GK FOREX CLUB



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