Commodities slide, European stocks trim gains

October 19, 2015

Commodity prices extended the drop, while European stocks trimmed gains as we head into the US session. The pan-European Euro Stoxx 600 index now trades just 0.1% higher on the day around 363.55 levels. At point of time, the index was up more than 0.5% at 366.08 levels. 

Meanwhile, Comex copper extended losses to trade 1.71% lower at USD 2.363/pound. Brent and WTI also extended the drop to trade 1.7% and 2% lower on the day. 

The slide in the commodity prices weighed over oil and mining shares across Europe. Shares in UK based Anglo American, Glencore, Tullow Oil lost 6%, 3.6%, and 3.5% respectively. 

Publication source
OctaFX information  OctaFX reviews

December 2, 2016
It's not the jobs numbers
It’s not bee the economy that has been driving the dollar over the past 3 weeks, of that we can be pretty sure. Rather, it’s been expectations of tax cuts and spending increases, together with incentives for dollar repatriation under the new President...
December 2, 2016
OPEC alliance stuck a global agreement
The Oil prices jumped on Wednesday after the organisation members agreed to pare production first time since 2008, to reduce global oversupply, which made the prices collapse by half since mid-2014...
December 2, 2016
Rebound continues in UK construction
The latest data on the UK construction sector was released this morning, and will likely be seen as positive overall as the recovery from the Brexit shock appears to be persisting. Despite this the FTSE 100 is under pressure this morning...

HYCM Rating
FIBO Group Rating
FXCM Rating
 FXTM Rating
Fort Financial Services Rating
Trade360 Rating

Anyoption Rating
OptionsXO Rating
365BinaryOption Rating
Binary Brokerz Rating
Banc De Binary Rating
Grand Option Rating