*Corporate results dragged equity markets lower *Debate continues on Brexit extension *Gold crossed above 1500 as mentioned yesterday
Stocks
- The S&P 500 set to post three consecutive weeks of gains, the index moved back above 3000-mark and gained 0.17% as of 15:30 London Time.
- The Stoxx Europe followed the US markets by positing three consecutive weeks of gains. Although the index lost 0.12% at the time of writing this report.
- The SPX VIX index has done much on a weekly frame; the price continues to consolidate. The index dropped 3.28% and VSTOXX also plunged 0.65%.
- The UK 100 index dropped 0.42% and made a low of 7279.
Currencies
- The Dollar Spot Index moved higher by 0.17% despite fragile economic data reading. The revised US consumer confidence fell to 95.5.
- The Euro declined by 0.17% and the German IFO business climate came in at 94.6.
- The British Pound dropped 0.29% to 1.2814 and made a low of 1.2804. The price is likely to drop below 1.28.
- The Japanese yen gained 0.04% to 108.62 per dollar.
Commodities
- West Texas Intermediate crude oil dropped 0.48% but the price is set to record a positive week.
- Gold is likely to move above the 1,550-mark now as we have already broken the 1500 level. The metal gained 0.80%.
