Overall Slump Yesterday

16 July, 2014

On Tuesday world financial markets closed predominantly with a slump of major indices. As such, in Europe, the British FTSE 100 fell 0.53 percent down to 6,710.45 points, Germany’s DAX shed 0.65 percent down to 9,719.41 points, and the French CAC 40 dropped 1.03 percent down to 4,305.31 points.

The Russian MICEX index fell 0.52 percent down to 1,475.77 points and the RTS index – 0.72 percent stopping at 1,352.15 points.

In the USA, the Dow Jones Industrial Average grew 0.03 percent up to 17,060.68 points, the Standard & Poor's 500 gained 0.19 percent going up to 1,973.28 points, and the NASDAQ Composite advanced  0.54 percent settling at 4,416.39 points.

On the NYMEX, WTI oil went down by $1.45 and made $99.46 a barrel. On the IСE Futures Europe, the price of Brent oil dropped by $2.05 reaching $104.93 a barrel. These are the lowest prices for the past few months. 

On Forex, EUR/USD also went down considerably – it finished the day below a support around 1.3580, and the fall continues today. The pair may go down to 1.35 today.

Anna Gorenkova, NordFX Analyst 


Source link  
Investing in Gold: Endurance Test

Nathan Rothschild from the famous banking dynasty once said that gold was not understood. Attempts to sum up the opinions of the most respected representatives of the financial community only prove Rothschild right - all discussions about gold turn into a real battle...

How to Survive Global Financial Apocalypse

Can the latest events in the world be viewed as precursors of an economic collapse on a global scale? Currencies soar and crash, there’re bearish forecasts for the markets of almost all large countries, falling oil prices and plunging shares of major companies. Many respectable analysts believe that this is just the beginning and the worst of it will be staggering...

Euro Reached Its Target Level

Last Friday European markets closed in the red whereas Russian and US markets posted a rise...


FTSE 100 grew 0.23 percent to 6,949.63 points

Yesterday the world’s financial markets closed mainly on the decline. In Europe, the FTSE 100 grew 0.23 percent to 6,949.63 points, the DAX dropped 1.05 percent down to 11,351.46 points, and the CAC 40 fell 0.26 percent to 4,961.86 points...

EUR/USD Is Correcting

Yesterday world financial markets posted mixed results again. In Europe, the FTSE 100 fell 0.67 percent to 6,886.95 points...

Russian Equity Gains Due to Oil Price Rise Over Holidays

Yesterday world financial markets closed mixed. European indices posted a drop – Britain’s FTSE 100 fell 0.84 percent to 6,927.58 points...


Euro Started to Go Up

Yesterday world financial markets closed predominantly with a drop. As such in Europe, the British FTSE 100 fell 1.2...

Euro Continues to Fall

Last Friday the world’s financial markets closed with a drop for the most part. Some European...

EUR/USD on the Decline

Yesterday world financial markets posted mixed results again. In Europe as such...

  


Share: