The global economy is witnessing fluctuations in the market

The global economy is witnessing fluctuations in the market



6/24/2017 0:00

Despite the rise in oil prices after falling
capitals / follow - up to the morning of the
world economy has witnessed several important events during trading last week, which included the relative recovery of oil prices after a wave of strong losses during the past few days.
Global equity markets also recorded a mixed performance with investors went to the markets of safe - haven assets, and anticipation of economic and political data. Was the price of oil rose on Friday , recouping some of the sharp losses suffered earlier in the week , but crude is still heading to record the biggest drop in the first half of any year since 20 years , despite the current production cuts.
By 0647 GMT , the global London Brent crude futures stood at 45.33 dollars a barrel , up 11 cents , or 0.2 percent from the previous closing price.
The increased crude West Texas Intermediate US futures nine cents , or 0.2 percent , to $ 42.83 a barrel.
Oil prices have fallen about 20 percent since the beginning of the year , despite efforts by the Organization of the Petroleum Exporting Countries "OPEC" led to the production cut of 1.8 million barrels per day since last January.
This is the weakest performance of oil in the first half of any year since 1997 , when increased production has led the Asian financial crisis to sharp declines in crude prices.
Prices are still down about 15 percent , also since extended "OPEC" on May 25 , the work of production cuts until the end of the
first quarter of 2018 rather than the expiration of the agreement the cut end of the month.
And futures contracts for agricultural commodities prices in the US stock market fell significantly, amid speculation a decline of inflation rates in the advanced economies.
Also it saw the currency "Alaatriom" electronic sharp decline exceeded the rate of 99 percent earlier, before recovering to normal levels.
The currency fell from the price level of $ 319 to 10 cents in just a few moments through "JD AX" special electronic trading platform currencies, before they regain their levels before the sudden drop.
The officials pointed out the trading platform that stop - loss orders caused the decline did not last more than a few seconds before the return of the currency to its natural level.
So the index "Nicky" record of Japanese stocks rose slightly at the end of trading on the Tokyo Stock Exchange on Friday.
The benchmark index 0.11 percent to close at 20132.67 points, while the broader TOPIX index rose 0.06 percent range to finish on Friday at 1611.34 points ,
as Britain 's leading stocks continued their performance weaker than the performance of the rest of the European markets on Friday , affected by the weakness associated with primary commodity stocks.
The index came down Britain 's Financial Times 100 0.5 percent due to weak mining stocks and oil companies as well as shares of big companies that earn dollar revenue.
While the stock has recovered much of the losses suffered in the wake of the referendum , but the dollar value of British equities are still weaker than its counterpart in Europe and elsewhere where reduced blur sterling from foreign investors appetite prospects.
Stokes index fell 50 European leadership contributed 0.1 percent as French and Italian banks ' gains have contributed to the reduction of losses.
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