Europe closes in green

Note: This section contains information in English only.
Source: LiveCharts
The largest European stock markets closed Friday's trading session on a positive note, helped by better-than-expected data from the United States. The pan-European Euro Stoxx 600 Index added 0.5%, finishing at 334.68 points, whereas Germany's DAX Index posted a 0.9% gain, closing at 9,952.90, and France's CAC 40 Index grew 0.6%, finishing at 4,319.99 points.


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Mon, 16 May 2016 07:35:08 GMT

Expected oil production reductions spike oil prices on Monday

Crude oil prices increased on Monday, as markets waited for production output decrease in Venezuela and Nigeria. WTI futures jumped 1.4% to $46.84 per barrel and Brent surged 1.3% to $48.46 per barrel. In Nigeria oil companies stopped exports after acts of sabotage and outputs from Venezuela fell due to lack of investment in the industry.

Fri, 13 May 2016 16:46:03 GMT

Aussie drops to its two-month low

The Australian Dollar traded lower against its US counterpart, touching its two-month low on Friday. The Aussie dropped 0.72%, trading at $0.7272 by 16:00 GMT on the New York Stock Exchange, whereas the US Dollar Index hit its two-week hight at 94.84 points, after US data releases showed better-than-expected results. 

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