Markets Prepare for New Year's

December 29, 2014

Last Friday the world’s financial markets posted mixed trading results on the eve of New Year holidays. European markets were closed for Christmas holidays.  

In Russia, the MICEX index grew 0.66 percent up to 1,417.80 points whereas the RTS index fell 1.84 percent down to 828.57 points.

In the United States, the Dow Jones Industrial Average gained 0.13 percent going up to 18,053.71 points, the S&P 500 grew 0.33 percent up to 2,088.77 points, and the NASDAQ Composite advanced 0.7 percent up to 4,806.86 points.

On the NYMEX, the price of WTI oil futures for February dropped by $1.11 and reached $54.73 a barrel. On London’s ICE, the February future for oil of mark Brent went down by $0.79 and made $59.45 a barrel.

On the Forex market, EUR/USD has been unable to break through the level of 1.2170. The pair may never manage to do it this year.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

September 29, 2016
OPEC blinks
Yesterday decision by OPEC to restrict oil supply has pushed the price of crude higher by some 5%. The move took the markets by surprise, with the divisions between Iran (who are still enjoying their return to global markets)...
September 29, 2016
Gold weighed down by US data
The gold price is down for a second straight day today as investors await a raft of data from the US this week which may decide the question of an interest rate hike...
September 29, 2016
Informal OPEC meeting seizes limelight
Global stocks were chaotic on Tuesday with most equities vibrating between losses and gains as the mixture of anticipation ahead of OPEC - informal meeting and ongoing discussions over the results of the first presidential debate created explosive levels of volatility...

FBS Rating
HYCM Rating
OANDA Rating
FOREX.com Rating
FXCM Rating
FXTM Rating

OptionsXO Rating
OptionRally Rating
Grand Option Rating
Binary Brokerz Rating
Beeoptions Rating
24option Rating