After the release of data on crude oil reserves in the US, quotations for the WTI light oil brand increased significantly. In addition, US oil inventories fell by 2.75 million barrels to 462.2 million barrels in a week, while a decline of 1.99 million barrels was expected. Decreasing production in the US and restricting imports to China have contributed to a steady increase in oil prices. At the moment, the price for the Brent brand exceeded the mark of $57 per barrel.
The yield of Eurobonds rose and the EUR/USD showed growth all week, despite the fundamental factors associated with the unrest in Spain. However, yesterday after the release of the data the price suspended its growth and began a correction after a 3-day growth.
During the week the dollar lost ground relative to the main pairs and futures. Today, there are expected to be a number of outrunning indices, which can support the dollar and interrupt a series of setbacks.
