Markets review

Markets review

Economic News
Feb 19, 2019

During the trading session on Monday, the American grounds opened in the green zone and the Dow Jones index peaked from the beginning of December last year.

The euro and the British pound were able to play some of the positions strengthened against the reserve currency, while the dollar index continued to decline on Monday.

However, the British pound continues to be in danger of disrupting the Brexit deal, and if Prime Minister Theresa May fails to accept the new deal in six weeks, she can be removed from the process and a hard exit option is possible.

The price of WTI crude oil continues to trade above $56 a barrel. The OPEC agreement on the reduction of production volumes, as well as US sanctions imposed against Venezuela and Iran contribute to the price increase. Therefore, we observe a moderate growth of quotations.

There was a revival in the cryptocurrency market and the price of Bitcoin was able to get to the mark of $4,000, which is the maximum value for the current year, and the capitalization of the cryptocurrency market increased to the mark of 133 billion dollars.

Marten Claes

Economic News

The States Take Trump to Court

16 United States are challenging Trump's national emergency in the court room.

Anna Sneider
Feb 19, 2019

Economic News

Oil Prices Relax

There is a slight decrease in prices, but oil is doing well altogether.

Anna Sneider
Feb 18, 2019

Economic News

Border Haggling

Trump promises to declare national emergency in order to build a wall.

Anna Sneider
Feb 15, 2019