Indices Losing Ground

January 30, 2014

Yesterday the world’s financial markets closed mainly with a slump in major indices. In Europe, Britain’s FTSE 100 fell 0.43 percent down to 6,544.28 points, France’s CAC 40 dropped 0.68 percent down to 4,156.98 points, and Germany’s DAX shrank by 0.75 percent down to 9,336.73 points.

In Russia, the MICEX index shed 0.5 percent going down to 1,462.99 points while the RTS index fell 1.8 percent and stopped at 1,308.

In the USA, the Dow Jones Industrial Average slumped 1.19 percent down to 15,928.56 points, the Standard & Poor's 500 dropped 1.02 percent reaching 1,792.50 points, and the NASDAQ Composite plunged by 1.14 percent down to 4,051.43 points.

The price of March futures for the North Sea petroleum mix of mark Brent Crude Oil rose by $0.44, up to $107.85 a barrel. The price of March futures for light WTI oil went down by $0.05 and made $97.36 a barrel.

On Forex, the situation hasn’t changed so far. EUR/USD is still in the correction mode.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

December 2, 2016
It's not the jobs numbers
It’s not bee the economy that has been driving the dollar over the past 3 weeks, of that we can be pretty sure. Rather, it’s been expectations of tax cuts and spending increases, together with incentives for dollar repatriation under the new President...
December 2, 2016
OPEC alliance stuck a global agreement
The Oil prices jumped on Wednesday after the organisation members agreed to pare production first time since 2008, to reduce global oversupply, which made the prices collapse by half since mid-2014...
December 2, 2016
Rebound continues in UK construction
The latest data on the UK construction sector was released this morning, and will likely be seen as positive overall as the recovery from the Brexit shock appears to be persisting. Despite this the FTSE 100 is under pressure this morning...

Larson&Holz IT Ltd Rating Trade Rating
Trade360 Rating
HYCM Rating
FxPro Rating
FBS Rating

IQ Option Rating
365BinaryOption Rating
EZTrader Rating
TopOption Rating
OptionBit Rating
Porter Finance Rating