Nothing New - Another Slump

July 28, 2014

Last Friday the world’s stock markets closed mainly on the decline. In Europe, in particular, Britain’s FTSE 100 fell 0.49 percent down to 6,587.95 points, Germany’s DAX 30 dropped 0.96 percent down to 8,298.98 points, and France’s CAC 40 shed 0.17 percent getting to 3,956.02 points.

In Russia, the MICEX index fell 0.39 percent down to 1,401.88 points and the RTS index – 1.17 percent down to 1,353.38 points.

In the United States, the Dow Jones Industrial Average dropped 0.7 percent down to 16,960.57 points while the Standard & Poor’s 500 fell 0.5 percent down to 1,978.34 points.

On the NYMEX, the price of the September WTI oil future rose by $0.02 and made $102.09 a barrel. On London’s ICE, the price of Brent oil futures for September went up by $1.32 reaching $108.39 a barrel.

On the global Forex market, EUR/USD keeps going down. The target is a 1.3380 support.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

February 24, 2017
Oil prices slightly grew
Brent oil prices extended their recovery in the Asian session on Thursday. Buyers led the price higher and broke 56.50 dollars per barrel in the early European morning...
February 24, 2017
Dollar drifts on Fed's lack of optimism
FOMC February meeting minutes released on Wednesday failed to provide support for the bulls to manage a sustainable breakout above 101.50...
February 24, 2017
Can gold continue post Fed rally?
Gold jumped to a 3 month high today, snapping a 3-day losing streak today after traders digested yesterday’s minutes meeting from the US Federal Reserve...

Tickmill Rating
OANDA Rating
Orbex Rating
Cms Trader Rating
FIBO Group Rating
 FXTM Rating

365BinaryOption Rating
Migesco Rating
Banc De Binary Rating
UKoptions Rating
GTOptions Rating
OptionBit Rating