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PropMarketCapFRESHCurrencies, commodities and indices

EUR/USD slumped to a 17-month low: German industrial orders -10.6%

EUR/USD fell to 1.1160, its lowest level in 17 months. Pressure on the euro was intensified by weak German industrial orders, which fell 10.6% in August against a forecast of a decline of only 1%.

PropMarketCapFRESHCurrencies, commodities and indices

Oil -3%: G7 releases 100 million barrels from reserves

G7 countries plan to release up to 100 million barrels of diesel fuel and crude oil from strategic reserves. On this news, oil fell by about 3%, but later the decline stopped due to persistent geopolitical risks surrounding Iran.