
The futures contracts traded in Wall street are in declines of up 0.3%, suggesting that the local stock markets are expected to open in red.

The futures contracts traded in Wall street are in declines of up 0.3%, suggesting that the local stock markets are expected to open in red.

Italian Central Bank has informs that the three largest commercial banks in the country will be required to increase their security blanket, and reach a level of minimum capital requirements defined beyond the ordinary.

Opening trade in Europe: the Dax index falling by 0.6%, the CAC falling by 0.3% and the FTSE falls by 0.2%.

The rate of increase in home prices in the UK rose by 0.1% in November (monthly increase), after stagnating in October.

This morning there are gains in Asia, following OPEC’s decision yesterday to lowering levels of oil production and the mixed trend which was recorded yesterday in Wall Street.

The price of the oil jumped yesterday by 8.5% (WTI) and this morning continues on the rise.
Yhe Brent oil rises by 1.1% to 52.4 US dollar per barrel, the WTI rising by 1% to US dollar 49.9 per barrel.

OPEC countries decided on a cut of 1.2 million oil barrels a day.
This is a decision that complies with the earlier forecasts.

Wall Street futures contracts are rising as when the indices are getting a boost of energy and oil shares.

The prices of the oil is getting stronger.
WTI oil now costs 6% and closer to 48 dollars per barrel, while the Brent strengthened by 6.6% and traded for 50.4 per barrel.

The level of inflation in the Euro zone stood at 0.6% in November, in line with expectations.
This is the highest inflation rate recorded since April 2014.
Zone target set by the European Central Bank are still far away, a little below 2%.