Markets Are Up, So Is Dollar

September 25, 2014

Yesterday world financial markets closed in the green zone. European indices finished trading with the following results – Britain’s FTSE 100 grew 0.45 percent up to 6,706.27 points, Germany’s DAX advanced 0.7 percent up to 9,661.97 points, and France’s CAC 40 added 1.25 percent making 4,413.72 points.

In Russia, the MICEX index grew 0.87 percent up to 1,441.83 points and the RTS index – 1.88 percent up to 1,189.23 points.

In the United States, the Dow Jones gained 0.91 percent up to 17,211.47 points, the S&P 500 – 0.79 percent up to 1,998.42 points and the NASDAQ – 1.03 percent closing at 4,555.22 points.

On the New York Mercantile Exchange, the price of WTI oil futures for November rose by $1.24 up to $92.80 a barrel. On London’s ICE, the price of November Brent oil futures went up by $0.10 making $96.82 a barrel.

On the global Forex market, the dollar reached the afore-mentioned level of 1.2780 against the euro and continues to go up. Now its target is 1.27.

Anna Gorenkova, NordFX Analyst

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