Markets Closed in the Red Zone

May 12, 2014

Last Friday world financial markets finished trading mainly with a slump. As such, in Europe, the British FTSE 100 fell 0.36 percent down to 6,814.57 points, the French CAC 40 dropped 0.66 percent down to 4,477.28 points, and the German DAX shed 0.27 percent going down to 9,581.45 points.

The US stock market became the exception – the Dow Jones grew 0.20 percent up to 16,583.34 points, the S&P 500 picked up 0.15 percent making 1,878.48 points, and the NASDAQ advanced 0.50 percent up to 4,071.87 points.

On the global commodity market, the IСE Futures Europe saw the price of Brent oil lower by $0.15, down to $107.89 a barrel. The NYMEX price of WTI oil fell $0.27 and reached $99.99 a barrel.

On the Forex market, EUR/USD also went down sharply. Now the pair is the support level of 1.3760. However, 1.37 can be considered as a more solid support level.

Anna Gorenkova, NordFX Analyst

 

Publication source
NordFX information  NordFX reviews

January 19, 2017
GBPUSD Retreats Post Surge on Theresa May’s Hard Brexit Speech
Trump stated on Tuesday that a strong dollar is risky to the US economy, as it weakens competitiveness of US exports and corporate profits...
January 19, 2017
Greenback pares losses on hawkish Yellen
The U.S. dollar did an about turn yesterday after the Fed Chair; Janet Yellen said that the prospects for further rate hikes increased with the economy near its maximum employment and inflation moving towards the Fed's 2% goal...
January 18, 2017
Stock markets continued to stabilise
German HICP confirmed at 1.7% y/y, as expected, with prices up 1.0% m/m. The sharp acceleration from just 0.7% y/y in November was mainly due to base effects from lower energy prices and the breakdown showed that prices for heating oil jumped 21.9% y/y in December...

Orbex Rating
Vantage FX Rating
Fort Financial Services Rating
XTB Rating
FBS Rating
Trade360 Rating

IQ Option Rating
OptionTrade Rating
365BinaryOption Rating
OptionRally Rating
Beeoptions Rating
OptionBit Rating