Oil sheds momentum ahead of U.S holiday after rallying for eight days

Do you know, that Australian stocks advanced 1.65 percent? The Australian dollar climbed 0.1 percent to $0.7666. USD grew after the June domestic manufacturing index activity rose and, also, because a positive and strong showing of government outlays on construction projects in May.
In currency, EUR was changed a little bit and GBP inched higher but failed to make gains on most of Monday's 0.7 percent loss.

Read more about currency and commodities on site! goo.gl/Bx6DsH

Fundamental Analysis 28 June 2017

In the UK, supermarket owners celebrate the industry's highest growth rates in five years. Sales growth is impressive: 5% over the last three months, while food prices grew by 3.2%. Also, yesterday the Bank of England released Financial Stability Report, which occurs just twice a year and this data is influential for UK economy. Read more about another economy news on site right now! goo.gl/5mWVka

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Oil Prices jumped after Saudi Arabia pledged to cut exports while the dollar remained on the defensive

Do you know the main reasons for the dollar depreciation? Why crude oil price grew again? The MSCI edged up with few percentage points, less than 0.1 percent and Japan’s NIKKEI slipped 0.1 percent. Both Australian stocks and Hang Seng Index slightly advanced with 0.8 percent and 0.5 percent respectively. Read more about world economy state right now! goo.gl/TW7mdk

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Markets brace for FED interest rate decision

Record highs of the S&p500 and DJIA in the USA, ASX 200 grew on 0.8%, and Nikkei 225- on 0.2%. Commodities demonstrate stability – crude oil is looking heavy as bears hug the $46 mark ahead of the Crud inventory data out of the USA and gold managed a move higher. The biggest mover today will come from the USA – we are waiting for the Federal Funds Rate which is expected to be increased to 1.25%. Find more details here goo.gl/EQxdRE

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