Euro Falls, Indices Go Up

March 31, 2015

Yesterday the world’s equity markets closed on the rise. In Europe, Britain’s FTSE 100 grew 0.53 percent up to 6,891.43 points, Germany’s DAX advanced 1.83 percent up to 12,086.01 points, and France’s CAC 40 gained 0.98 percent up to 5,083.52 points.

On Russia’s floors, the MICEX index shot up by 2.52 percent making 1,611.22 points, and the RTS index advanced 2.5 percent up to 877.85 points.

In the USA, the Dow Jones grew 1.49 percent up to 17,976.31 points, the S&P 500 added 1.22 percent reaching 2,086.24 points, and the NASDAQ gained 1.15 percent up to 4,947.44 points.

Oil prices, however, continued to decline yesterday. The NYMEX price of WTI oil futures for May dropped by $0.19 and got to $48.68 a barrel. On London’s ICE, the price of Brent oil futures for May delivery fell by $0.12 and reached $56.29 a barrel.

On the Forex market, EUR/USD went down a little. Now the pair has quite a decent range for correction: 1.05-1.0960. The current decrease may extend to 1.0640.

Anna Gorenkova, NordFX Analyst

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