Markets in Expectation Currently

September 26, 2013

Yesterday world financial markets finished mixed as debates over a new US budget carry on. In particular, in Europe, the FTSE 100 fell 0.30 percent down to 6,551.53 points, the German DAX 30 advanced 0.01 percent up to 8,665.63 points whereas the French CAC 40 climbed down by 0.01 percent to 4,195.35 points.

On the Russian floor, the MICEX index grew 1.02 percent up to 1,479.59 points while the RTS index gained 0.45 percent going up to 1,452.99 points.

In the USA, the Dow Jones index dropped 0.4 percent down to 15,273.3 points, the S&P fell 0.27 percent down to 1,692.77 points, and the NASDAQ shed 0.19 percent reaching 3,761.1 points.

On the global oil market, the price of November futures for the North Sea petroleum mix of mark Brent Crude Oil lowered by $0.32, down to $108.32 a barrel. The price of light WTI oil futures dropped by $0.47, down to $102.66 a barrel.

On the world’s Forex market, the uncertainty with the US budget won’t allow the dollar to go up. At the same time, there are no favorable macroeconomic factors for the euro to advance either.

Anna Gorenkova, NordFX Analyst

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