Markets Rise, Albeit with Some Negativity

April 7, 2015

Yesterday world financial markets closed on the up. As such, on Russia’s floors, the MICEX index grew 1.14 percent up to 1,700.64 points, and the RTS index shot up by 4.4 percent altogether making 971.08 points. That was due to a sharp rise in oil prices.   

After the long weekend, oil futures went up noticeably. The NYMEX price of WTI oil futures for May rose by $3 and reached $52.14 a barrel. On London’s ICE, the cost of the Brent oil future for May increased by $3.17 and made $58.12 a barrel. The hike in oil prices has to do, among other things, with the fact that Saudi Arabia raised oil prices for Asian buyers.  

US equity also posted a rise – the Dow Jones grew 0.66 percent up to 17,880.85 points, the S&P 500 also advanced 0.66 percent up to 2,080.62 points, and the NASDAQ gained 0.62 percent getting to 4,917.32 points.

Nonetheless, there’s some negative data as well. Last Friday, figures for US non-farm jobs were published – the number of jobs increased by 126,000 whereas the forecast was a 245,000 increase.

On the Forex market, EUR/USD is going down again. However, the pair is still within the correction range.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

FXTM Rating
Vantage FX Rating
XM Rating
FxPro Rating
FIBO Group Rating
FBS Rating

OptionsXO Rating
TropicalTrade Rating
OptionFair Rating
Binary Brokerz Rating
Beeoptions Rating
EZTrader Rating