Stock indices rise before the G20 announces optimistic about Italy BNN



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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU

The US and European stock indexes rose on Monday, November 26, before the G20 talks in Argentina, in the hope that the US and Chinese presidents could agree on a trade dispute.

The rise in the index was also boosted by the stabilization of oil prices, the conclusion of the agreement on Brexit and the more balanced position of Italy in the budget dispute with the European Commission .

Stock prices fell last week, reflecting concerns over trade conflicts and interest rates.

The London Stock Exchange rose after British Prime Minister Theresa May and leaders of the 27 other EU countries signed an agreement on Brekit's terms.

Italian Deputy Prime Minister Luigi Di Maio said on Monday that he was willing to reduce the deficit forecasts contained in the state budget bill for next year. The European Commission (EC) has officially rejected the budget proposal tabled by the Italian populist government on Wednesday, paving the way for unprecedented sanctions in Brussels.

"It is necessary to reduce the deficit in the negotiation process, so it's not crazy," interviewed the radio station. Radical Radio said Mai Mai.

The Milan Stock Exchange reacted to this increase, registering a rise of 2.8% Monday. The Paris and London stock exchanges also rose by at least 1%.

Oil prices rose Monday, but this growth was not offset by the fall of Friday.

Oil prices on the New York and London stock exchanges have increased.

The euro fell against the US dollar, the pound against the dollar fell, while the euro / pound depreciated.

On the New York Stock Exchange, the price of WTI crude oil rose from $ 1.21 to $ 51.63 per barrel on Monday. Brent The price of crude oil on the London Stock Exchange plunged $ 1.68 to $ 60.48 per barrel.

US stock index Dow Jones Industrial Average Monday rose 1.5% to 24,640.24 points, the index Standard & Poor's 500 increased by 1.6% to 2673.45 points, but the index Nasdaq Composite increased by 2.1% to 7081.85 points.

The FTSE 100 index of London Stock Exchange rose 1.2% to 7036.00 points on Monday, the DAX 30 index of 1.5% to 11,354.72 points, while the l? CAC 40 index of the Paris Stock Exchange rose 1.0% to 4994, 98 points. The FTSE MIB of the Milan Stock Exchange rose 2.8% to 19,233.45 points.

The euro against the US dollar fell Monday from 1.337 to 1.1332 dollar, the pound sterling is depreciated against the dollar from 1.2814 to 1.2806 dollar a pound, while the US dollar has fallen from 1.337 to 1.1332 dollar, the pound sterling has depreciated against the dollar from 1.2814 to 1.2806 dollar a pound, while euro / pound is depreciated from 88.49 to 88, 44 pence for the euro.

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