Exchange rates rise, oil prices rise – Financial News – Financenet

Powell said Wednesday in a statement to the US Congress that tariffs already had a negative impact on US companies. However, badysts have acknowledged that the key role now is the profit of 2nd quarter companies, which on average 20% may exceed the profit of the 2nd quarter of the previous year.

"The market is profit-driven." In the short term, this is enough to help the market get a broader idea and ignore some negative news. "

Oil prices on the New Stock Exchanges York and London rose

The value of the euro against the US dollar fell, the pound sterling depreciated against the dollar, while the dollar depreciated against the yen

The price of WTI crude oil on the New York Stock Exchange has risen from $ 0.68 to $ 68.76 per barrel The price of Brent crude oil on the London Stock Exchange has dropped 0.74 dollar at $ 72.90 a barrel

The Dow Jones Industrial Average index of the United States rose 0.3% to 25,199.29 points Wednesday, the index "Standard & Poor & # 39 s 500 rose 0.2% to 2815.62 points, while the Nasdaq Composite Index fell less than 0.1% to 7854.44 points.

The FTSE 100 index of the London Stock Exchange rose 0 Wednesday, 7% to 7676.28 points, the DAX 30 Frankfurt stock index rose 0.8% to 12,765.94 points, while the CAC 40 index of the Paris Stock Exchange rose 0.5% to 5447.44 points.

The value of the euro against the US dollar fell from 1.1661 to 1.1639 US dollars on Wednesday, the pound sterling depreciated against the dollar from 1.3115 to 1.3069 dollars per pound, so that the yen is depreciated from 112.88 to 112.86 yen for a dollar.