The June futures for Brent oil are in the region of $39.6 per barrel, demonstrating the volatility amid expiry of may contract and flow of trading activity on the new contract. Released yesterday data on oil reserves in the US pointed to their continued growth, accompanied by historically achieving new record highs. Major Asian stock indicators do not show single dynamics. Futures on leading U.S. stock indices after growth on the eve of this morning is slightly reduced. Premarket European session in the current moment indicates little change in the major European stock indices at the beginning of the trading day.
Leading European stock indexes on Wednesday rose. Stock British indicator FTSE 100 on the day rose by 1.59%, while the number of securities included in its composition, the increase stood out mining stocks Anglo American (+11.8%), Glencore (+5.4%) and BP oil and gas (+2.8%) Royal Dutch Shell (+3.4%) companies. Speaking head of the Central Bank of Germany Jens Weidmann warned on a possible UK exit from the EU, stating that the uncertainty around it is already hurting the economy. Thus, according to him, it is impossible to make reliable forecasts about the economic cost of a British exit from the EU, because it depends on the level of further economic cooperation. In turn, the French stock index CAC (+1.78%) in the environment has increased, being the growth leaders. The German indicator DAX (+1.60%) has also increased due to the increase in the stock prices of energy companies E. ON (+6.4%) and RWE (+6.4%) and industrial giant ThyssenKrupp (+8.3%).
US stocks Wednesday surged. The index of “blue chips” Dow Jones climbed 0.47%, while the increase among its components stood out in Apple shares (+1.8%) and Visa (+1.9%). The index high-tech NASDAQ rose by 0.47%. An index “the wide market” S&P500 (+0.44%) also showed a positive trend, updating their maximum this year. The growth in it industry the spectrum of the separated index information technology sector (+0.7%). Speaking head of the Chicago fed, Charles Evans once again reminded investors that the fed will not rush to raise rates. According to him, risks to the global economy is now higher than in December of last year, but the U.S. economy is likely to withstand two rate increases this year, and focuses on what most fed officials.