Central Banks once again took place in the center of global markets. The euro started to decline as the monetary authorities of the European Central Bank decided not to change interest rates, with the commentary of growth coming from Mario Draghi.
On the one hand, regional investors turned to earning two more days while trading near the MSCI All-World World Index record level. The dollar continued to recover after the closure of the 11-month low level. The yen, after the postponement of the time frame for achieving the inflation target policy makers in Japan showed almost the biggest drop of the two weeks. Oil entered the third day of its ascension.
When we look at the stock markets we see that the Stoxx Europe 600 Index rose 0.2% at 13:44 am with London time on 20th of July. MSCI All Countries World Index rose to a historic record level with 0.1% increase. In the UK, the FTSE 100 Index was up 0.8 percent, the highest level in a month with the highest monthly output. In Germany, the DAX Index rose 0.7 percent to its highest level in over a week. On the other hand, the MSCI Emerging Markets Index dropped 0.1% and for the first time in nearly two weeks it moved down. The US index futures rose 0.1 percent.
The euro rose 0.1% against the dollar and rose to 1.1524. The pound fell 0.5% to $ 1.2962, it is the lowest level in a week. The Bloomberg Dollar Spot Index was the biggest gain of over two weeks with 0.2 percent. The Japanese yen dropped to a level of 112.26 against the US dollar, with the most severe loss of about two weeks at 0.3 percent.
Gold fell 0.2 percent to 1,238.97 dollars per ounce. West Texas Oil traded at $ 47.45 per barrel, up 0.7 percent. The Bloomberg Commodity Index climbed 0.3%, reaching the highest level of nearly eight weeks.