Markets Posted Noticeable Growth

February 10, 2014

Last Friday world financial markets closed mainly on the up due to the US jobless figures. According to the released data, the general unemployment rate went down by 0.1 percent to 6.6 percent in comparison with last December. The number of jobs in the US non-farm sector increased by 113,000.  

Namely, in Europe, the British FTSE 100 grew 0.2 percent up to 6,571.68 points, the German DAX 30 advanced 0.49 percent up to 9,301.92 points, and the French САС 40 picked up 0.96 percent and stopped at 4,228.18 points.

In Russia, the MICEX index grew 0.8 percent up to 1,478.48 points and the RTS index – 0.84 percent up to 1,341.49 points.

In the USA, the Dow Jones gained 1.06 percent going up to 15,794.08 points, the NASDAQ fell 1.69 percent down to 4,125.86 points while the S&P 500 advanced 1.33 percent getting to 1,797.02 points.

The price of March futures for the North Sea petroleum mix of mark Brent Crude Oil rose by $2.38, up to $109.57 a barrel. The price of March futures for light WTI oil went up by $2.04 reaching $99.88 a barrel.

On the Forex market, EUR/USD closed on the rise after getting over the middle of the triangle by means of a nice bullish candle. However, it’s still not recommended to enter the market towards the end of the technical pattern’s formation.

Anna Gorenkova, NordFX Analyst

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