Upward Trend on Markets

November 6, 2014

Yesterday world financial markets closed mainly in the black. European indices finished trading on the rise due to positive corporate reports – Britain’s FTSE 100 grew 1.32 percent up to 6,539.14 points, Germany’s DAX 30 gained 1.63 percent wrapping up the day at 9,315.48 points, and France’s CAC 40 advanced 1.85 percent closing at 4,206.55 points.

Trading on Russia’s equity market finished mixed – the MICEX index grew 0.27 percent up to 1,495.26 points while the RTS index slumped 2.21 percent down to 1,054.45 points.

In the United States, the Dow Jones added 0.58 percent going up to 17,484.53 points, the S&P 500 grew 0.57 percent up to 2,023.57 points whereas the NASDAQ shed 0.06 percent down to 4,620.72 points.

On the NYMEX, the price of WTI oil futures rose by $1.49 making $78.68 a barrel. The ICE price of the Brent oil future dropped by $0.43 getting down to $83.25 a barrel.

On the global Forex market, EUR/USD is still holding near 1.2510 but somewhat expanding its correction range.

Anna Gorenkova, NordFX Analyst

 

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