No Negative News - Markets Rise

August 12, 2014

On the world’s financial markets, Monday was marked by a rise of major indices. European stock indices finished trading as follows – Britain’s FTSE 100 grew 1 percent up to 6,632.82 points, Germany’s DAX advanced 1.9 percent up to 9,180.74 points, and France’s CAC 40 gained 1.2 percent going up to 4,197.70 points.

In Russia, the MICEX index grew 1.8 percent up to 1,372.45 points and the RTS index – 2.83 percent up to 1,203.67 points.

In the United States, the Dow Jones picked up 0.1 percent reaching 16,569.98 points, the S&P 500 grew 0.28 percent up to 1,936.92 points while the NASDAQ gained 0.7 percent during the trading session and closed at 4,401.33 points.

There were no drastic changes in the trend on the global oil market. The NYMEX price of the September WTI oil future rose by $0.43 making $98.08 a barrel. On London’s ICE, the price of the Brent oil future for September fell by $0.34 and stopped at $104.68 a barrel.

On the Forex market, the situation with EUR/USD hasn’t changed so far.

Anna Gorenkova, NordFX Analyst

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