Economic mirror of the day
The dollar's rate on Wednesday rises to major world currencies after a decline on the previous trading day amid growing tensions between the US and North Korea, according to MarketWatch.
The cost of one-month options to buy the euro against the dollar fell in comparison with sales contracts to a historic low, which indicates the growth of hedge volumes from a possible depreciation of the single currency. This indicator of "risk reversal" collapsed to minus 421 basis points from minus 44 basis points at the end of last year.
According to the results of the April poll of analysts, the euro may fall to a minimum in 15 years, if M. Le Pen will be elected as president of France.
The euro fell to $ 1.0721 against $ 1.0730 at the close of the previous session.
The rate of the single European currency to Japanese currency rose to 116.55 yen compared to 116.35 yen a day earlier. The value of the dollar rose by this time to 108.70 yen against 108.43 yen on Tuesday.
The ICE U.S. Dollar index, which shows the value of the US dollar against the six major world currencies, increased by 0.1%. The indicator WSJ Dollar, which tracks the dynamics of the dollar against 16 major world currencies, rose by 0.14%.
Black gold yesterday fell in price due to fears of an increase in production in the US and expectations of data on fuel stocks in the country, which will be published on Wednesday.
Following the auction on April 18, the value of the June contract for Brent crude on the ICE Futures exchange in London fell by $ 0.47 (0.8%) to $ 54.89 per barrel.
May futures for WTI on the New York Mercantile Exchange NYMEX lost $ 0.24 (0.5%) - and amounted to $ 52.41 a barrel.
Today oil is slightly cheaper
June futures for Brent crude on the London Stock Exchange decreased by 10 cents (0.2%) - to $ 54.79 per barrel.
Quotes of the May contract for oil WTI also fell by 10 cents (0.2%) - to $ 52.31 per barrel.
Most of the equity markets of the countries of the Asia-Pacific region are traded on Wednesday in the red zone. The indices fall after the similar trend in the US stock market, which is due to the deterioration of the geopolitical situation in the world, according to MarketWatch.
The Chinese indicator Shanghai Composite fell by 1.09% - to the minimum mark for two months.
Hong Kong Hang Seng by this time lost 0.58%.
The South Korean Kospi index decreased by 0.32%, the Australian S & P / ASX 200 - by 0.47%.
Meanwhile, the Japanese indices Nikkei 225 and Topix, respectively, increased by 0.06% and 0.09%, while during the trading session the trend in the market has changed many times.
Yahoo Japan shares jumped by 3.7%, which is the maximum increase in two months. The company announced the launch of Yahoo News Video, including streaming NTV News 24.
The value of securities of the Japanese beer producer Sapporo Holdings Ltd. Rose 5.9% after analysts JPMorgan improved recommendations for them to "above the market" from the "neutral level."
At the same time, the share price of Yamato Holdings Co. Fell by 3.7%. The delivery service published preliminary results for the last fiscal year, according to which operating profit was 34 billion yen. The result did not justify the consensus forecast of experts.
Prices for iron ore on the Dalian commodity exchange on Tuesday fell to the lowest level since October last year against the backdrop of data from the real estate market in China, according to MarketWatch.
Quotes fell by 5.1% - to 468 yuan per ton. On Monday, they fell by 2.9%, in general, the downward trend has been maintained for four weeks.
The increase in the cost of new housing in China in March slowed to 11.3% from a peak of 12.6% in November.
Although the pace of GDP growth in China in the first quarter accelerated to a maximum since 2015, analysts predict their slowdown in the near future.
"Record stocks and signs of a drop in demand for steel are currently damaging" iron ore prices, "said Saxo Bank analyst Ole Hansen.
The cost of ore contracts with 62 percent iron for delivery to the Chinese port of Qingdao on Tuesday fell by 4.6 percent to $ 63.2 per tonne, according to Metal Bulletin.