And Further Down

March 25, 2014

Yesterday world financial markets closed with another slump of indices. As such, in Europe the British FTSE 100 shed 0.56 percent down to 6,520.39 points, the German DAX 30 fell 1.65 percent down to 9,188.77 points, and the French CAC 40 dropped 1.36 percent down to 4,276.34 points.

In Russia, the MICEX index fell 0.7 percent down to 1,279.91 points while the RTS shed 0.2 percent and made 1,131.60 points.

In the United States, the Dow Jones dropped 0.16 percent down to 16,276.69 points, the S&P fell 0.49 percent down to 1,857.44 points, and the NASDAQ slumped 1.18 percent down to 4,226.39 points.

The NYMEX price of WTI oil for May rose by $0.14 and reached $99.46 a barrel. On London’s ICE, the price of Brent oil went down by $0.11 making $106.81 a barrel.

On the Forex market, EUR/USD closed on the rise. The correction continues.

Anna Gorenkova, NordFX Analyst

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