July Ended with Quotes Plunge

August 1, 2014

On the last day of July, the world’s financial markets closed with a slump. As such, Europe saw the British FTSE 100 fall 0.64 percent down to 6,730.11 points, the German DAX drop 1.94 percent down to 9,407.48 points and the French CAC 40 shed 1.53 percent getting down to 4,246.14 points.

In Russia, the MICEX index fell 0.18 percent down to 1,379.61 points and the RTS index – 0.40 percent down to 1,219.36 points.

In the USA, the Dow Jones Industrial Average slumped 1.88 percent reaching 16,563.30 points, the Standard & Poor’s 500 declined by 1.98 percent making 1,931.09 points while the NASDAQ plunged by 2.09 percent down to 4,369.77 points.

On the NYMEX, the price of the September WTI oil future got lower by $2.10 and reached $98.17 a barrel. On London’s ICE, the price of September Brent oil futures went down by $0.49 and made $106.02 a barrel.

On the Forex market, EUR/USD is at 1.3380. Today US unemployment data will be released but the pair is unlikely to go down much more or for long.

Anna Gorenkova, NordFX Analyst

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