During the Asian trade, the euro weakened against the dollar. On Friday, a tax reform package was adopted in the Senate, which made the dollar stronger. At around 08:30, the euro is exchanged for $ 1.1840, which at the beginning of the European session shows a gain of 0.47%. Today (informal) meeting of euro zone finance ministers is taking place, and at 11:00 hours the latest index of producer prices in the euro zone will be announced. At 16:00, Factory Orders are expected to be posted in the US.
During the Asian trading, the dollar strengthened against the British pound. The Senate has adopted its version of the tax law and now only remains to be agreed with the lower house of the Congress. At around 08:30, this currency pair is at $ 1,3427 per pound, which means a gain of 0.33%. At 10:30, an economic activity indicator in the construction sector of the UK is expected, and from the USA, at 16:00, factory orders.
During Asian trading, yen weakly weakened against the dollar. The Senate has adopted its version of the tax law and now only remains to be agreed with the lower house of the Congress. At around 08:30, this currency pair is traded at the level of 113.05 yen per dollar, which at the beginning of the European session yen makes the weaker against the dollar by 0.08%. At 16:00, the factory orders in the United States are expected.
The price of gold fell during Asian trade, as the US Senate passed a tax law. During Asian trading, the price of gold fell by 0.51%.
During Asian trade, the price of crude oil declined. On Friday, the number of wells increased to two units (a total of 479). At the end of the Asian session, crude oil is traded about $ 57.91 per barrel, which gives a fall of around 0.77%.
Dax30 fell strongly on Friday (-1.25%), closing at 12861 points. The loser of the day was the shares of Tisenkrup (-2.94%).