Financial Markets Daily

In the currency market

Euro: The euro fell against the dollar for a second day, closing down 0.48 percent at $1.1853. Technically, the pivot point of the currency is at 1.1868, the initial resistance to the upward movement is at 1.1915, the further resistance is at 1.1975, and the key resistance is at 1.2022. Initial support for the lower exchange rate is at 1.1807, further support at 1.1761, and more critical support at 1.1700.

Sterling: The pound fell against the DOLLAR for the first time in three days, closing down 0.28% at 1.3345. Technically, the pivot point of the currency is at 1.3342, the initial resistance to the exchange rate upward is at 1.3402, the further resistance is at 1.3461, and the key resistance is at 1.3521. The initial support for the lower exchange rate is at 1.3282, further support is at 1.3222, and more critical support is at 1.3163.

Yen: Dollar/jPY rose for the third day in a row to close at 106.18, up 0.19%. Technically, the pivot point of the currency is at 106.09, the initial resistance to its upward movement is at 106.34, the further resistance is at 106.54, and the key resistance is at 106.79. The initial support is at 105.88, the further support is at 105.63, and the more critical support is at 105.42.

The stock market

New York (AP) — U.S. stocks ended broadly higher Wednesday, extending a strong start to September. The S&P 500 ended up 54.20 points, or 1.54%, at 3,580.84. The Nasdaq closed up 116.80 points, or 0.98%, at 12056.44. The Dow Jones Industrial Average closed up 454.80 points, or 1.59%, at 29100.50.

London (Marketwatch) – European stocks closed higher on Wednesday, helped by strong gains on Wall Street, despite worrying economic indicators from Europe. The Stoxx 600 index in Europe closed up 5.79 points, or 1.59%, at 371.02. Germany’s DAX index closed up 269.18 points, or 2.07 percent, at 13,243.43. Britain’s FTSE 100 index closed up 78.90 points, or 1.35%, at 5,940.95. France’s CAC-40 index closed up 93.64 points, or 1.90%, at 5,031.74. Spain’s IBEX35 index closed up 33.10 points, or 0.48%, at 6990.00. Italy’s FTSE closed up 263.19 points, or 1.34%, at 19,858.21. The Stoxx 50 index in Europe closed up 59.47 points, or 1.81%, at 3,3337.05.

Commodity markets

Spot gold closed at $1,942.47 an ounce, down $27.48, or 1.39 percent. On the day, spot gold hit as high as $1973.10 an ounce and as low as $1932.39.

Gold futures for December delivery on COMEX fell $34.20, or 1.7 percent, to $1,944.70 an ounce, their highest close since August 18, off the main contract.

Although the United States energy information administration, according to data released last week, U.S. crude inventory change values for six straight weekly decline, decline the biggest since the week of July 24, opposition activists in Russia, wali is checking out within “Novy jock” poisoning, and Opec’s key ally and improve oil production reported last month, under the influence of oil price on Wednesday (September 2) fell sharply: the United States in October WTI crude oil futures closed down $1.25, or 2.92%, to $41.51 a barrel. Brent crude for November delivery fell $1.15, or 2.52 percent, to $44.43 a barrel.

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