
The oil prices are declining after OPEC postponed the decision on limitation of oil production, due to disagreements about Iraq and Iran Participation Agreement.

The oil prices are declining after OPEC postponed the decision on limitation of oil production, due to disagreements about Iraq and Iran Participation Agreement.

The Dow Jones ended yesterday above the level of 19 thousand points after the index rose by 0.35%.
The S&P 500 rose by 0.2%, closing above 2,200 points and the Nasdaq added 0.3%.

October’s USA existing home sales surged to a record of nearly 10 years, sales record an annual rate of 5.60 million, an increase of 5.9% compared to October 2015.
This is the highest figure since February 1997.
The sales also surpassed the original forecast of 5.42 million.

Positive opening on Wall Street as when the Dow Jones crossed the 19,000 threshold pts.
The S&P crossed the 2,200 points while oil is at the highest level in a month.

After a positive ending to the trading day yesterday,as when on Wall Street climbed to a fresh record highs, the trading today is expected to continue with the positive trend, as the futures contracts traded are rising.

The European stock markets trade is conducted with higher prices, due to the continued rise in oil prices.
The FTSE is rising by 0.8%, the DAX adds 0.6% and the CAC rising by 0.8%.

The Asian markets rising for a second day on a row, following the new highs on Wall Street yesterday and the continued rise in oil prices.
Tokyo rose by 0.3%, Hong Kong added 1.3%, Shanghai rising by 0.8%, Seoul rose by 0.9%.

The price of oil continues to rise for the third day in a row due to expectations OPEC countries’ agreement to curb the oil output.
The WTI oil rising by 1.1% to a price level of 48.78 dollars per barrel.

The rise of the US dollar ended yesterday.
Against the Euro it weakened by 0.4%.
Against the British pound the US dollar fell more than than 1.2%.

Wall Street stock markets opened the trading week with rising prices, and broke new records following the rise in oil prices.
In a daily summary yesterday: the Dow Jones rose by 0.5%, the S&P 500 rose by 0.8% and the Nasdaq rose by 0.9%.