In Expectation of FOMC Meeting

December 16, 2013

Last Friday world financial markets closed in the red zone again. As such, in Europe the British FTSE 100 fell 0.08 percent down to 6,439.96 points, the German DAX 30 shed 0.12 percent down to 9,006.46 points, and the French CAC 40 dropped 0.23 percent reaching 4,059.71 points.  

In Russia, the MICEX index grew 0.21 percent up to 1,452.76 points whereas the RTS index shed 0.12 percent down to 1,391.85 points.

In the United States, the Dow Jones gained 0.10 percent making 15,755.36 points, the S&P climbed down by 0.01 percent to 1,775.32 points while the NASDAQ advanced 0.06 percent up to 4,000.98 points.

On NYMEX, price quotations for January WTI oil futures went down by $0.90, to $96.60 a barrel. On London’s ICE, the price of Brent oil futures for January delivery rose by $0.16, up to $108.83 a barrel.  

On the Forex market, EUR/USD is at 1.3760 so far. The pair can easily go up to 1.3820. This may be encouraged by the results of the FOMC meeting that are scheduled to be published 18 December.

Anna Gorenkova, NordFX Analyst

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