Oil falls to 98 dollars and European stock markets rise with hopes of an end to the war between the USA, Israel and Iran

New day and investors regain some confidence. Oil returns to below 100 dollars, while European stock markets rise timidly, as is the case with rare metals.

The idea that the end of the war between the USA, Israel and Iran may be closer gives room for greater confidence among investors. Therefore, European stock markets are trading in positive territory, with highlight for the German DAX index, which rises 1.16% at 9:55 am this Tuesday, April 14th.

Add gains of less than 1% in the benchmark indices of Spain, France, Italy and the United Kingdom. At the same time, the index Euro Stoxx 600which brings together the 600 European listed companies with the greatest exposure to the market, advance 0.80%.

For the rest, positive sentiment was also noticeable in Asian marketswith most of the main indices closing in the ‘green’. Highlight for the Nikkei, the reference index on the Tokyo stock exchange (Japan), which added 2.44%.

Looking at rare metals, contracts gold futures rise 0.91% up to $4,810.67 per ounce. In the case of talkregister a increase of 3.40%, to 78,240 dollars.

On the other hand, the sentiment is of lower risk regarding cuts in oil trade, so futures contracts for this resource are falling sharply. The barrel of Brent drops 1.31% to $98.06while the WTI loses 2.67% and remains at $96.43 per barrel.

It should be remembered that the markets started the week down, following the failure of negotiations between the US and Iran and the “blockade” announced by Donald Trump of the Strait of Hormuz.

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