Good evening,

EurUsd 2 days rally ended today with a drop of 86 pips. The rate is trading at 1.0468 (-0.8%) and below this week low the pair may accelerate to test the parity, a level that may be reached by then end of this year. ECB Draghi may change the QE stimulus programme and make another deposit rate cut; the FOMC Minutes on Wednesday confirmed the expectations of the financial community regarding the possibility of a rate hike on December, and the gradual increase of US interest rate should weak not only the Euro, but the Yen and the Swiss Franc as well. UK public finance conditions probably will delay a rate hike in UK, where also the luxury real estate market in London made a -10% YoY.

Gold is trading at 1,077.05 $/oz (-0.45%) and Crude Oil is losing 11 cents at 41.61 $/barrel (-0.26%). Gold is off its intraweek low but  buyers are not in control even in the short term, thus market sentiment condition remain weak. Crude Oil  found support in area 41 $/barrel and it may develop a trading range in the short term.

US indices are in positive territory, with positive market sentiment thanks to merger and acquisitions and successful IPOs. The S&P500 is up 7.93 points at 2,089.17 (+0.38%) and Nasdaq Composite is gaining 31.28 points at 5,104.92 (+0.62%).