
The WTI oil is trading this morning with a slight increase of 0.3% to a price level of 50.7 US dollar per barrel, while the Brent is stable at a price level of 51.5 US dollar per barrel.

The WTI oil is trading this morning with a slight increase of 0.3% to a price level of 50.7 US dollar per barrel, while the Brent is stable at a price level of 51.5 US dollar per barrel.

The trading in Europe open with a positive note.
The DAX and the FTSE are rising by 0.5%, the CAC rising by 0.3%.

There is a mixed trend in Asian stock markets this morning, as when the US dollar rises against most of the other currencies.

Wall Street stock markets opened the trading week on a positive trend yesterday, as when the technology stocks led the gains, all this towards a busiest weeks of the quarterly reporting season in the US.

The futures contracts on Wall street are signaling of a slight decline at the opening of the trading day today.

The Euro fell to its lowest level in seven months against the US dollar, in light of the remarks made by European Central Bank head Mario Draghi which weakened the Euro and boosted the dollar.
Draghi sign that the policy makers may extend its bond purchase target beyond the date set for March.
He also denied earlier reports that the central bank is considering to reduce the volume of quantitative easing, and with that he provided another signal to sell Euros.

The trading in most Asian markets is conducted with declines in view of the positive earnings season in the US, which strengthened the chances that the Fed will raise the interest rates this year.

This morning the Japanese yen weakened against the US dollar by 0.1%, trading at about 104.1 yen to the dollar.

The oil prices retreated yesterday from a high of 15 months.
The Texas sweet oil ended at a price level of 50.43 dollars a barrel, a decline of 2.3%.

There are price declines at the opening of trading day on Wall Street, due to a change in the trend in Europe.