[ad_1]
Photo: PA Pictures / Scanpix / LETA
The value of the pound sterling against the euro and the US dollar reached its highest level in two months on Wednesday, as market players wait for a favorable message from the European Central Bank (ECB).
Although Britain is still far from agreeing with the European Union (EU) before the "Breksit" of March 29, forex traders continue to consider "little" unity. reliable "of the" Breksit ".
"The joy of the pound suggests that markets are more likely to be postponed until March after March, otherwise a second referendum will take place",
Joe Manimbo, Senior Market Analyst at Western Union Business Solutions, said.
Hoping that "Britain could avoid the ugly economic collapse of the European Union," he eclipsed the weak production data, he added.
Analysts do not expect any particular surprises from Thursday's ECB meeting, but ECB President Mario Dragi may be aware of the growing risks for the eurozone while maintaining its key rate.
European stock markets experienced an economic slowdown, with the trade war between the United States and China remaining a concern after the announcement of major obstacles to the conclusion of an agreement.
US stock indexes rose on reports that IBM, Procter & Gamble and United Technologies posted good earnings. In the middle of the trading session, they had temporarily decreased due to concerns over the US-China trade war and the partial suspension of the US government's work.
Oil prices on the New York and London stock exchanges have fallen.
The euro is appreciated against the US dollar, the pound sterling rose against the dollar, while the US dollar is appreciated relative to the Japanese yen.
On the New York Stock Exchange, WTI crude oil prices fell $ 0.39 to $ 52.62 a barrel on Wednesday. The price of Brent oil on the London Stock Exchange fell by $ 0.36 to $ 61.14 per barrel.
The Dow Jones Industrial Average US stock index rose 0.7% to 24,575.62 on Wednesday, the Standard & Poor's 500 by 0.2% to 2638.70 points, while the Dow Jones Industrial Average rose 0.7% to 24,575.62 on Wednesday. Nasdaq Composite index rose 0.1% to 7025.77 points.
The London Stock Exchange FTSE 100 Index lost 0.9% to 6842.88 on Wednesday, the DAX 30 of the Frankfurt Stock Exchange lost 0.2% to 11,071.54 points, while the CAC 40 of the Paris Bourse fell 0.2% to 4840, 38 points.
The value of the euro against the US dollar rose from 1.1360 to 1.1333 dollar on Wednesday, the pound sterling against the US dollar rose from 1.2954 to 1.3068 dollar per pound, while the US dollar against the yen rose from 109.37 to 109.60 yen per dollar.
[ad_2]
Source link
