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Brief Market News

2017-07-12 09:14 pm | Resource: | No Views : 472

In Europe, Stokes Europe 600 rose 1.57% to 3,518.70
The British FTSE 100 rose 1.17% to 7,415.21,
 The German DAX rose 1.61% to 12,642.65
, And French CAC rose 1.74% to 5,229.98 points

In US markets, the Dow Jones was up 0.57% to 21,531.45
The S & P 500 index gained 0.67% to 2,441.79
The Nasdaq rose 0.92% to 6,250.25

, Gold futures for August delivery rose 0.37% to $ 1,219.20 an ounce

Oil futures rose by 1.00% to $ 45.49 a barrel, while the benchmark Brent rose 0.46% to $ 47.74 a barrel.

In currency news,
The euro was down 0.47% at 1.1413
The US dollar was down against the Japanese yen, with 0.64% to hit 113.2100
The British Pound was up against the US Dollar, with 0.31% to hit 1.2888

Other analysis

OIL Technical analysis 13 December 2018

Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil is still facing resistance and selling pressure around levels of 52.66 - 54.54. In view of the technical indicators Both the RSI and Stochastic are indicating to weakness of the indicators. Therefore, we expect that the oil will test the level of 50.00 dollar, which by breaking it down will target the…

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