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European stocks open in negative territory

Note: This section contains information in English only.
Source: WBP Online
Markets opened low on Friday, taking over the negative sentiment from Asian bourses, where focus was directed towards data on earnings and economics. The DAX 30 index took a 0.76% plunge to show 9,784.80 points, whilst the UK's FTSE 100 dropped 0.35% and opened at 6,083.30 points.
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13 May 2016

Bearish sentiment dominates Asian stocks on Friday

Stocks in Asia traded lower, because Japanese exchanges were affected by a rising yen. In the meantime, commodities dragged down Australian markets. Nikkei 225 index ended trading 1.4% down at 16,412.21 and Topix fell 1.3% at 1,320.19 on close of trading. Main movers were Pioneer and Tokuyama, which fell by 12% and 31% of their value, respectively.

13 May 2016

EUR/USD plunges as EU GDP data looms

The Euro traded cheaper against the dollar during the session on Friday, sliding by 0.25% to show $1.1350, and volatility is anticipated during the rest of the session, as EU GDP data comes out. The initial price drop was evoked by the data release on German inflation and GDP figures, conveying mixed signals about the economic health of Eurozone's largest

13 May 2016

Oil futures drop on new data release on Friday

Crude fell from its 2016 heights reached on Thursday because of a huge inventory build-up in Cushing, Oklahoma where bases itself one of the top delivery hubs. Stockpiles there grew by nearly 550,000 barrels and it offset positive outlook given by International Energy Agency. WTI Futures fell 0.8% to $46.33 per barrel and Brent slipped 0.7% to $47.76 per barrel.