European Indices Rising Sharply

July 17, 2014

Yesterday world financial markets closed mixed. With that, European floors finished trading with a considerable rise: Britain’s FTSE 100 grew 1.11 percent and made 6,784.67 points, France’s CAC 40 added 1.48 percent and stopped at 4,369.06 points while Germany’s DAX adanced 1.44 percent up to 9,859.27 points.

In Russia, the MICEX index fell 0.07 percent down to 1,474.72 points, and the RTS index dropped 0.12 percent down to 1,350.52 points.

In the USA, the Dow Jones grew 0.45 percent up to 17,138.20 points, the S&P 500 gained 0.42 percent up to 1,981.57 points, and the NASDAQ advanced 0.22 percent closing at 4,425.97 points.

The NYMEX price of WTI oil rose by $1.24 and reached $101.20 a barrel. On the ICE Futures Europe, the price of Brent oil went down by $0.17 and made $105.85 a barrel.

At the same time on Forex, the euro keeps going down against the dollar. Yesterday the pair stopped just a bit short of 1.35.

Anna Gorenkova, NordFX Analyst

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