Financial Markets Daily

In the currency market

Euro: The euro fell against the dollar for the first time in five days, closing down 0.13% at 1.1848. Technically, the pivot point of the currency is at 1.1861, the initial resistance to its upward movement is at 1.1884, the further resistance is at 1.1923, and the key resistance is at 1.1946. The initial support for the lower exchange rate is at 1.1823, further support is at 1.1800, and more critical support is at 1.1761.

Sterling: Rose for the second day in a row to end at 1.2884, up 0.31%. Technically, the pivot point of the currency is at 1.2875, the initial resistance to its upward movement is at 1.2936, further resistance is at 1.2987, and the key resistance is at 1.3048. The initial support is at 1.2824, further support is at 1.2763, and more critical support is at 1.2712.

Yen: DOLLAR/yen fell for a second day, closing down 0.27% at 105.43 yen. Technically, the pivot point of the currency is at 105.50, the initial resistance to its upward movement is at 105.71, the further resistance is at 106.02, and the key resistance is at 106.23. Initial support for the lower exchange rate is at 105.19, further support is at 104.98, and more critical support is at 104.67.

The stock market

New York (Ap) — U.S. stocks closed higher Tuesday after a strong session, a broad market rally and solid economic data. The S&P 500 ended up 17.70 points, or 0.52%, at 3,401.20. The Nasdaq closed up 133.70 points, or 1.21 percent, at 11,190.32. The Dow Jones Industrial Average closed up 2.30 points, or 0.01%, at 27995.60.

London (Marketwatch) – European stocks closed higher Tuesday as investors turned their attention to upcoming central bank meetings at the Federal Reserve, Bank of Japan and Bank of England. The Pan-European Stoxx 600 index closed up 2.45 points, or 0.77%, at 370.69. Retail stocks rose 2.37%, while Banks were the only sector to end lower, falling 0.93%. Germany’s DAX index closed up 26.89 points, or 0.20%, at 13,220.55. Britain’s FTSE 100 index closed up 81.58 points, or 1.35%, at 6,107.83. The CAC-40 index in France closed up 16.05 points, or 0.32%, at 5,067.93. Spain’s IBEX35 index closed up 87.90 points, or 1.26 percent, at 7,039.00. Italy’s FTSE closed up 174.70 points, or 0.88%, at 19,968.50. The Euro Stoxx 50 index closed up 16.96 points, or 0.51%, at 3333.75

Commodity markets

Spot gold closed at $1953.61 an ounce, down $1.59, or 0.08 percent, after hitting an intraday low of $1948.14 and its highest level since September 2 at $1972.00.

Gold futures for December delivery on the COMEX rose 0.1 percent to $196.20 an ounce, the highest close in two weeks.

Before Opec + oil minister meeting short-covering, concerns about the hurricane season has limited the gulf oil supplies and will be coronavirus vaccine optimistic news put pressure on the dollar, oil prices on Tuesday (Sept. 15) closed higher, with the declining trend of change after a few days: the United States in October WTI crude oil futures closed up $1.02, or 2.74%, to $38.28 a barrel; Brent crude for November delivery ended up 92 cents, or 2.32 percent, at $40.85 a barrel.

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