No New Clues for Market Players Yet

November 20, 2014

In the middle of the trading week, the world’s financial markets closed in a mixed manner. In Europe as such, Britain’s FTSE shed 0.19 percent down to 6,696.60 points, France’s CAC 40 grew 0.09 percent up to 4,266.19 points, and Germany’s DAX 30 added 0.17 percent finishing the trading session at 9,472.80 points.

In Russia, indices also closed mixed – the MICEX index fell 0.11 percent down to 1,517.97 points while the RTS index grew 0.04 percent up to 1,021.17 points.

In the United States, the Dow Jones shed 0.01 percent going down to 17,685.73 points, the S&P 500 dropped 0.15 percent down to 2,048.72 points, and the NASDAQ declined 0.57 percent reaching 4,675.71 points.

Oil futures also finished trading in a varied way, pending the OPEC meeting. The NYMEX price of the WTI oil future went down by $0.03 making $74.58 a barrel. On London’s ICE, the price of the Brent Crude future rose by $0.68 getting to $79.15 a barrel.

On the Forex market, the situation with EUR/USD remains the same – the pair is still holding in the narrow correction range of 1.2565-1.24. The pair needs a good impetus to break out of this range.

Anna Gorenkova, NordFX Analyst

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