Upbeat Mood on Markets

December 10, 2013

At the beginning of the new trading week, financial markets closed predominantly in the green zone due to Friday’s positive data for the US jobless rate. In November 2013, the unemployment rate was 7 percent whereas analysts had expected 7.2 percent. It’s the lowest figure for the past five years.

In Europe, the British FTSE 100 grew 0.11 percent up to 6,559.48 points, the German DAX 30 advanced 0.25 percent up to 9,195.17 points, and the French CAC 40 gained 0.11 percent reaching 4,134.10 points.

In Russia, the MICEX index was up by 1.18 percent making 1,465.70 points while the RTS index grew 1.54 percent up to 1,412.08 points.

In the USA, the Dow Jones index climbed up by 0.03 percent to 16,025.53 points, the S&P gained 0.18 percent up to 1,808.37 points, and the NASDAQ grew 0.15 percent up to 4,068.75 points.

On the commodity market, the price of January futures for the North Sea petroleum mix of mark Brent Crude Oil dropped by $2.22, down to $109.39 a barrel. The price of January futures for light WTI oil lowered by $0.31, down to $97.34 a barrel.

The EUR/USD pair reached 1.3760 and may slow down now. It’s not recommended to open any positions at this point.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

January 19, 2017
U.S. reports revealed a hefty 0.8% December industrial production
Asian stock markets traded mixed, with Japan and ASX moving higher, as Fed’s Yellen said she expects to hike rates few times a year through 2019 to 3% neutral rate...
January 19, 2017
Yellen repeats Fed is close to meeting targets, USD up
The speech by the US central bank governor Janet Yellen did not offer any new insights on the attitude of FOMC, nor did it cause large shifts in the pricing of future rate hikes (even if now 3 rate hikes in 2017 look again more probable than only one, with 2 remaining the most expected outcome)...
January 19, 2017
Trump vs Yellen & Draghi vs Weidmann
The U.S. dollar has been on a roller-coaster this week. After dropping by more than 1% on Tuesday the dollar index recovered 0.9% from its lows...

HotForex Rating
OANDA Rating
FBS Rating
XTB Rating
EXNESS Rating
OctaFX Rating

TropicalTrade Rating
Empire Option Rating
IQ Option Rating
24option Rating
Banc De Binary Rating
EZTrader Rating