Euro is decliing: Market News

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Euro is decliing: Market News

October 02, 2018 - 14:05
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According to Bloomberg, pessimistic mood is ruling the stock markets on Tuesday. Partially, it is caused by political actions of Italy. Euro is falling five days in a row. European shares fell along with the US futures and indexes in Asia.

Photo © Alexander Stein, CC0 1.0

According to Bloomberg, pessimistic mood is ruling the stock markets on Tuesday. Partially, it is caused by political actions of Italy. 

Euro is falling five days in a row. It lost 0,4% today to $1,1527. British pound declined by 0,6% to $1,2598.  European shares fell along with the US futures and indexes in Asia. Stoxx Europe 600 lost 0,6%. British FTSE dropped 0,4%, while German DAX 0,7%. Future of S&P 500 decreased by 0,2%.

Dollar grew relative to major peers with Bloomberg Dollar Spot Index gaining as much as 0,3%.

Emerging markets assets declined. MSCI index for Emerging Markets fell 1,4%.

Japan stands out among other markets as Nikkei 225 Stock Average closed at highest level since 1991.

Oil is traded close to the highest price in four years amid worries about supply. WTI oil gained 0,1% to $75,38 per barrel. Price of gold is up 0,2% to $1191,07 per ounce.