Crimea within Russia - Market on the Up

March 19, 2014

Yesterday world financial markets closed on the rise. Investors responded to the signing of the treaty to incorporate Crimea into the Russian Federation.

In Europe, the British FTSE 100 grew 0.56 percent up to 6,604.84 points, the German DAX 30 gained 0.78 percent reaching 9,252.66 points, and the French CAC 40 advanced 1.06 percent up to 4,317.18 points.

In Russia, the MICEX was up by 4 percent altogether stopping at 1,335 points while the RTS index shot up by 4.2 percent getting to 1,160 points.

In the USA, the Dow Jones grew 0.55 percent up to 16,336.19 points, the S&P picked up 0.72 percent making 1,872.25 points, and the NASDAQ advanced 1.25 percent up to 4,333.31 points.

Yesterday the price of WTI oil rose by $1.62 and reached $99.70 a barrel. The price of Brent oil went up by $0.55 finishing the day at $106.79 a barrel.

On Forex, EUR/USD is within the range of 1.3880-1.3970 so far. Today the Federal Reserve is holding its meeting. The pair may break out of these bounds following the results of the meeting.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

January 20, 2017
Advance in inflation across the Eurozone
Euro holds gains against the US Dollar ahead of the ECB rate decision, as majority of economists expect no major updates in the policy, while investors will be taking stock of Draghi rhetoric’s to foresee the timeframe of the next big move by the policymakers...
January 20, 2017
US oil inventory draw gave a temporally support for oil prices
Oil prices remained in red figures after Wednesday's bearish acceleration. Brent a little changed on the day and remained prone to more weakness on Thursday. The benchmark stayed neutral around 54.50 dollars per barrel flirting with the level during the European session...
January 20, 2017
Pound gives up gains
The British pound has pulled back sharply today after making its biggest 1day gain in nearly 20 years’ yesterday, as fears once again crept in about where Brexit will lead to...

Fort Financial Services Rating
Larson&Holz IT Ltd Rating
Orbex Rating
EXNESS Rating Rating
Tickmill Rating

Porter Finance Rating
Migesco Rating
GTOptions Rating
UKoptions Rating
Empire Option Rating
OptionTrade Rating