Black gold in the focus of investors
After strong oil growth on September 13, the raw material resource continues to rise in price on September 17 amid concerns over oil supply problems. The attack on oil facilities in Saudi Arabia diverted financial markets from the trade war between the United States and China. Meanwhile, countries are gearing up for talks this Thursday.
12:00 (GMT+3) Germany published the September economic sentiment index ZEW. The indicator turned out to be much higher than forecasts: -22.5% instead of 38%, which is positive for the euro (EUR).
Oil. Oil continues to grow. On the morning of September 17, WTI crude oil is $62.3. Brent futures are trading near $68.9.
Gold. The protective metal is stable on Tuesday. About $1,498 is trading in the morning.
Currency. On Tuesday, the DXY dollar index is virtually unchanged. In the morning, DXY is 98.5 against the basket of major currencies.
On the morning of September 17, the dollar rises against the yen. In the morning, the pair USD/JPY is trading at 108.1.
Yesterday, the euro (EUR) fell sharply, but is strengthening on Tuesday. In the morning, the EUR/USD pair is trading near 1.1015.
The pound (GBP) is losing ground due to the possible imminent Brexit. On the morning of September 17, the GBP/USD pair falls by -0.1% and is trading at around 1.2411.
Cryptocurrency. Bitcoin (BTC) is getting cheaper on Tuesday and is trading at $10,190. In the morning, Ethereum (ETH) is growing steadily by 0.22% and is trading near $198.1. Litecoin (LTC) is up 0.3% at $72.9.
(Interval one day)
Important. This article does not contain calls to make transactions or trading recommendations. Traders are responsible for decisions made on their own. The judgments presented here are the personal opinions of the author.