Slump Again

August 28, 2013

Yesterday world stock markets closed in the red zone. As such, in Europe the British FTSE 100 fell 0.79 percent down to 6,440.97 points, the German DAX 30 shed 2.28 percent down to 8,242.56 points, and the French CAC 40 dropped 2.42 percent getting down to 3,968.73 points.

In Russia the MICEX index went down by 0.93 percent to 1,374.21 points while the RTS index fell 1.52 percent down to 1,304.33 points.

In the USA the Dow Jones index shed 1.14 percent down to 14,776.13 points, the NASDAQ fell 2.16 percent down to 3,578.52 points, and the S&P 500 dropped 1.59 percent down to 1,630.48 points.

Due to the escalating situation with Syria, yesterday the global commodity market saw the price of October futures for the North Sea petroleum mix of mark Brent Crude Oil rise by $3.63, up to $114.36 a barrel. The price of October futures for light WTI oil went up by $3.09 and made $109.01 a barrel.

On the Forex market, there are no changes for EUR/USD at this point.

Anna Gorenkova, NordFX Analyst

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