Slump on Markets

July 8, 2014

Yesterday world financial markets closed mainly with a slump. As such, in Europe, the German DAX fell 1.03 percent down to 9,906.07 points, the British FTSE 100 dropped 0.62 percent down to 6,823.51 points while the French CAC 40 shed 1.41 percent and stopped at 4,405.76 points.

In Russia, the MICEX index grew 1.73 percent up to 1,515.40 points, and the RTS index advanced 1.95 percent stopping at 1,387.01 points.

In the United States, the Dow Jones fell 0.26 percent down to 17,024.21 points, the S&P 500 shed 0.39 percent down to 1,977.65 points, and the NASDAQ slumped 0.77 percent down to 4,451.53 points.

The NYMEX price of WTI oil went down by $0.53 and made $103.53 a barrel. On the IСE Futures Europe, the price of Brent oil got lower by $0.76 and reached $110.24 a barrel.  

On the Forex market, EUR/USD is at 1.3580 as it couldn’t yet move upwards to get over 1.37.  At this point, there’re no signals for opening positions – the pair is at a quite ‘inconvenient’ spot for now.

Anna Gorenkova, NordFX Analyst

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