Brex and Oil monopolized the last week's spotlights on the financial markets and threaten to repeat the protagonism in a new week.
Brex and Oil monopolized the last week's spotlights on the financial markets and threaten to repeat the protagonism in a new week. In ten days, oil has registered three sessions, with a collapse of almost 6%. On Friday it worsened in the 8% edge of the West Texas-type barrel, a reference to the United States.
Brent crashed for the first time more than $ 60 million a year. The recent intensification of economic slowdown and the fears of economic slowdown weakened the OPEC debate on declining supply.
Today, less than two weeks before the OPEC Summit, which could accept cutting production, the Brent barrel will turn up to 2 percent to recover $ 60, while Western Texas will be US $ 51.
The reaction of crude oil prices will be added to the European Union summit to Brexit on a weekend contract. The agreement avoids at least the worst scenario currently underway, Brexit, without an agreement at European level. However, the Stability Pact must perhaps be met by a more complex, British Parliament reintegration.
The rejection of the current agreement of the Labor Party and the rejection of the dissolution clause of Theresa May's party, as was evident in the leadership of the latest board of directors, confirms the agreement's approval. Its effects go further and may even endanger the continuity of the May government.
The adoption of the European summit in the Brexit agreement provides the least emergency aid to the pound. British currency trading is $ 1.28, slightly above $ 1272 and registered on November 15. The euro also uses the European Brexit agreement without taking on it and raises $ 1.13 or more.
European listed companies are now receiving less turbulent references to foreign exchange and oil markets, as well as references to shares, with the upsurge in Asia and Wall Street futures. The most important European indices start with the Italian MIB in a week, which made it easier for the Italian risk premonition to rupture when the government's proposals to counteract the deficit are mitigating tensions in Brussels.
On the London Stock Exchange, almost 1% of the benefits bring British FTSE closer to 7,000 points. British banks, such as Barclays and Standard Chartered, stand out from the rise in the London Stock Exchange when they closed the deal in Europe in Brexit.
On the Milan Stock Exchange, the rise of the Italian banks accelerated nearly 3 percent of the government's comments on the heat when they reflected on the deficit to alleviate tensions in Brussels.
Other options such as the Spanish Ibex, German Dax and the French CAC are more than 1%.