Apr 23, 2019 8:30:00 AM | LGT Navigator
LGT Navigator: Oil price weighs on stock market sentiment
On Wall Street and in Asia, stock market sentiment was depressed by the rising oil price after the Easter weekend. The background to this is the news that the US intends to phase out the exemptions for countries that are allowed to purchase oil from Iran despite the embargo at the beginning of May. The trading volume remained below average, however, as impulses from Europe were lacking.