Varied Closing on Markets Again

July 31, 2014

Yesterday world financial markets closed mixed once again. In Europe, the British FTSE 100 dropped 0.50 percent down to 6,773.44 points, the German DAX 30 fell 0.62 percent down to 9,593.68 points, and the French CAC 40 slumped 1.22 percent down to 4,312.30 points.

In Russia, the MICEX index grew 0.90 percent up to 1,382.14 points while the RTS index fell 1.25 percent getting to 1,222.40 points.

In the USA, the Dow Jones Industrial Average shed 0.19 percent down to 16,880.32 points, the Standard & Poor’s 500 gained 0.01 percent up to 1,970.19 points, and the NASDAQ grew 0.42 percent up to 3,975.61 points.

The NYMEX price of the September WTI oil future went down by $0.7 making $100.27 a barrel. On London’s ICE, the price of Brent oil futures for September got lower by $1.21 and got to $106.51 a barrel. 

On the global Forex market, EUR/USD reached 1.3380 yesterday. Now the pair is more likely to experience a correction as the range of 1.3350-1.34 constitutes a strong weekly support. 

Anna Gorenkova, NordFX Analyst

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