Direction Unclear Yet

December 4, 2013

Yesterday the world’s financial markets closed predominantly in the negative. In Europe, trading finished as follows – the British FTSE 100 fell 0.95 percent down to 6,532.43 points, the German DAX 30 slumped 1.9 percent down to 9,223.40 points, and the French CAC 40 shed 2.65 percent going down to 4,172.44 points.  

In Russia, the RTS index fell 1.88 percent down to 1,372.44 points and the MICEX index – 1.66 percent reaching 1,448.84 points.

In the USA, the Dow Jones Industrial Average dropped 0.59 percent down to 15,914.62 points, the Standard & Poor's 500 shed 0.32 percent down to 1,795.15 points, and the NASDAQ Composite fell 0.2 percent down to 4,037.20 points.

On the commodity market, the price of January futures for the North Sea petroleum mix of mark Brent Crude Oil went up by $1.17, to $112.62 a barrel. The price of January futures for light WTI oil rose by $2.20, up to $96.04 a barrel. 

On the global Forex market, EUR/USD couldn’t settle on a direction so far – it’s still at 1.3580.

Anna Gorenkova, NordFX Analyst

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