After the Spanish Parliament abolished the budget drafted by Prime Minister Pedro Sanchez, he had to call early elections for April 28. Since this will be the third election in three years, this situation may adversely affect the rate of the single currency.
Concerns about the deal between the US and China returned to the markets and the US stock markets declined on Thursday. The yield of treasury bonds also declined after the release of weak economic indicators. Coca Cola’s earnings report turned out to be lower than expected and the company's shares fell by 8.4%, which is the largest loss in 10 years.
The American oil market continues to grow. It seems that the US is not going to stop and continue to increase its oil production. However, in addition to the growth in supply, demand is currently growing and prices are at annual highs. The price of Brent crude oil is close to the psychological mark of $65 per barrel.
