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

December 7, 2016
Will ECB support Italy?
The yield of the Italian sovereign debt fell on Tuesday as the focus moved to the political uncertainty on the market. After Renzi’s crash on the weekend and the expectations of the ECB measures to deal with the possible fallout of the financial markets...
December 7, 2016
WTI bears on the prowl
WTI Crude was vulnerable to sharp losses on Tuesday following reports of OPEC output rising to a worrying record high of 34.19 million barrels per day in November which revived the oversupply concerns
December 7, 2016
CAD claws back ground
The Canadian dollar has finally managed to gain some ground against the strong USD after weeks of the market waiting for it to react to oil prices beginning to show some turn after the recent OPEC agreements...

Vantage FX Rating
Tickmill Rating
 FXTM Rating
FBS Rating
OctaFX Rating
Grand Capital Rating

Anyoption Rating
Beeoptions Rating
IQ Option Rating
EZTrader Rating
365BinaryOption Rating
OptionBit Rating