The European stock market remained in the negative zone

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After noon on the world markets in General are not observed significant changes and fluctuations. European indices remain in negative territory, but losses are modest in scope and limited to 0.5%, while Britain’s FTSE 100 is trading in positive territory on the background of the collapse of the pound after the news about Brucite.
In particular, sales of the British currency followed the reports that Prime Minister Johnson intends to stop the work of Parliament in order to prevent attempts by the opposition to block the exit from the EU without a deal. In response, the aggressive pound slipped to 1.2150, although soon cut intraday losses and is once again testing the level of 1.22.
Meanwhile in the Russian market lull. Index Mobimii is trading in the flat. Neutral dynamics of the benchmark due to opposing factors. On the one hand, on the index presses the outer film, on the other – fall prevents a new round of ruble weakening, which contributes to the reduction of RTS in the range of 0.5%.
Dollar/ruble, after some hesitation, resumed growth, reaching levels close to the level of 67 rubles, which the pair could test in the near future, if the markets will continue a combination of avoidance of risks and a relatively stable demand for the American currency.
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Arseniy Dadashev,
Director,
Academy of management Finance and investment