STOXX Monthly Index News: Commodity Price Hikes Pushed Related Sectors And Countries

In April, equity markets have been influenced by a weak US dollar. Towards the end of the month, the Fed decided to keep interest rates unchanged and did not give a hint about future decisions. As a result, the greenback decreased even more. Reversely, commodity prices hiked up and pushed the related industry sectors Basic Resources and Oil & Gas as well as stock markets in strong basic resources exporters like Norway or Canada.

Please find further information complemented by our Index of the Month – iSTOXX Europe Multi-Factor Index – within the Monthly Index News or download our research paper directly.