Mixed Finish on Markets Again

October 28, 2014

Early this week the world’s financial markets showed no common trend for indices. In light of the published Ifo Business Climate Index data, which turned out to be worse than predicted, the British FTSE 100 fell 0.4 percent down to 6,363.46 points, the German DAX 30 slumped 0.95 percent down to 8,902.61 points, and the French CAC 40 shed 0.78 percent closing at 4,096.74 points.

On the Russian floor, the MICEX index grew 1 percent up to 1,394.19 points, and the RTS index gained 0.27 percent stopping at 1,039.47 points.

In the United States, the Dow Jones Industrial Average grew 0.1 percent up to 16,817.94 points, the S&P 500 dropped 0.2 percent down to 1,961.63 points whereas the NASDAQ Composite gained 0.1 percent going up to 4,485.93 points.

On the NYMEX, the price of December WTI oil futures went down by $0.01 reaching $81 a barrel. The ICE price of Brent oil futures for December delivery fell by $0.30 and made $85.83 a barrel.

On the Forex market, EUR/USD is at a standstill. Today a report on US durable goods orders is due to be released, which can serve as a fresh stimulus for investors.

Anna Gorenkova, NordFX Analyst

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