Decline in the dollar and growth of indices and gold - market wrap

US futures rose, as the dollar dropped, and gold grew, taking into account the damage from tropical storm Harvey. European stocks are down, after the euro's Friday growth, which is still rising at the moment.

Gasoline in the US rose to levels of two years ago weighing the damage to the oil refineries in Texas, which is responsible for 10% of the country's supplies. Given that, the shares of the processing companies recorded strong growth at the beginning of the US session, while the mining sector was the most losing due to the highly dependent on weather conditions.

Here are the main movements of the markets at the moment

Stock market:
Stoxx Europe 600 with a decline of 0.1%
DAX30 traded 0.1% lower
The SP500 is traded at around 2446 levels or a +0.17%

Forex
Bloomberg dollar spot index with a decline of 0.05% at a price of 1149.51, or the lowest of two years
GBP rose 0.34% at the moment as the GBP/USD traded at levels around 1.2920
JPY with a growth of 0.02%
EUR with a growth of 0.13%
CAD with a growth of 0.15%
AUD with a growth of 0.21%

Bonds
Yields on 10-year US bonds increased by one basis point to 2.17%

Their German equivalent also rose by one point to 0.39%

Commodities:
WTI declined by 0.7% and is currently trading at $ 47.17
Gold grew 0.4% and the market is currently valued at $1298.73 per troy ounce
Gasoline futures traded on NYMEX rose 4.7%, reflecting the damage from tropical storm Harvey.

Source: Bloomberg Pro Terminal

Jr Trader Petar Milanov

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