S&P Downgraded Russia's Rating

January 27, 2015

Yesterday world financial markets closed mixed. In Europe, the British FTSE 100 grew 0.29 percent up to 6,852.40 points, the German DAX advanced 1.4 percent up to 10,798.33 points, and the French CAC 40 gained 0.74 percent up to 4,675.13 points.

In Russia, the MICEX index dropped 1.76 percent to 1,642.37 points, and the RTS index plunged all the 4.83 percent down to 781.31 points. Russian market players’ sentiments were impacted by falling oil prices. Besides that, Standard & Poor's Ratings Services downgraded Russia’s long- and medium-term foreign currency rating to junk with a negative outlook. Markets will be reacting to this event today as well.  

In the USA, the Dow Jones Industrial Average added 0.04 percent closing at 17,678.70 points, the S&P 500 BMI grew 0.26 percent up to 2,057.09 points, and the NASDAQ gained 0.29 percent going up to 4,771.76 points.

The NYMEX price of WTI oil futures for March went down by $0.44 and made $45.15 a barrel. On London’s ICE, the price of Brent oil futures for March dropped by $0.63 and closed at $48.16 a barrel.

On the Forex market, EUR/USD started a correction after the previous sharp decline of the euro. The pair may go up all the way to 1.1550.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

October 27, 2016
U.K. can't have Brexit A La Carte
Asian stock markets headed broadly lower, as investors remain focused on the earnings season, with Canon Inc. the biggest drag on the index...
October 27, 2016
The ascending of the indices
As for the Australian index AUS200, we are yet again approaching the ascending channel. We should wait for the candlestick patterns to appear and try to buy the assets then...
October 27, 2016
Equities investors are becoming hard to satisfy
Uninspiring earnings projections from giant U.S. companies are weighing on Asian equities this morning after Wall Street stocks fell for a second day...

FIBO Group Rating
FXTM Rating
Fort Financial Services Rating
FxPro Rating
FBS Rating
Tickmill Rating

24option Rating
OptionsXO Rating
OptionBit Rating
IQ Option Rating
EZTrader Rating
Binary Brokerz Rating