Market Tossing About

September 19, 2014

Yesterday world financial markets had no common trend once again. European markets finished trading on the rise – Germany’s DAX 30 grew 1.41 percent up to 9,798.13 points, France’s CAC 40 advanced 0.75 percent up to 4,464.70 points, and Britain’s FTSE 100 gained 0.57 percent closing at 6,819.29 points.

In Russia, the MICEX index fell another 0.05 percent finishing the day at 1,448.63 points, and the RTS index dropped 0.24 percent down to 1,187.24 points.

In the United States, the Dow Jones added 0.64 percent ending up at 17,266.06 points, the S&P 500 grew 0.49 percent up to 2,011.37 points while the NASDAQ picked up 0.68 percent closing at 4,593.43 points.

On the NYMEX, the price of WTI oil futures for October went down by $1.35 reaching $93.07 a barrel. On the London ICE, the price of Brent oil futures got lower by $1.27 and made $99.14 a barrel.

Last Wednesday, the US Federal Reserve kept the key interest rate at 0-0.25% per annum.

On the Forex market, EUR/USD is holding around 1.2930-1.2850 for now.

Anna Gorenkova, NordFX Analyst

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