European markets are optimistic today: Market news

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European markets are optimistic today: Market news

June 26, 2018 - 12:49
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Dollar strengthens, US Treasuries are stable and US futures are fluctuating, while investors are waiting for further developments in global trade conflict. European markets are more optimistic today. Stoxx Europe 600 index gained 0,3%.

Photo © Gerd Altmann, CC0 1.0

Dollar strengthens, US Treasuries are stable and US futures are fluctuating, while investors are waiting for further developments in global trade conflict.

European markets are more optimistic today. Stoxx Europe 600 index gained 0,3%. Leaders of the index today are mining and energy companies. British FTSE increased by 0,5%, German DAX by 0,4%.

Euro lost 0,4% to $1,66. British pound declined by 0,4% to cost $1,3229.

Price of Brent oil grew 0,3% to $74,98 a barrel. WTI oil costs $68,15 a barrel. Other commodities are losing their value as well. Zinc is leading losses. Gold dropped to $1256,68 per ounce, the lowest level in six months.

Emerging Markets MSCI Index dropped by 0,4%.