Last Friday the world’s financial markets closed with a slump due to China's crackdown on margin trading. Besides, investors are concerned about Greece’s debt. Last week it became known that some countries had instructed its bank divisions in Greece to sell Greek sovereign bonds and treasury bills.
In Europe as such, the British FTSE 100 fell 0.93 percent to 6,994.63 points, the German DAX dropped 2.58 percent down to 11,688.70 points, and the French CAC 40 shed 1.55 percent down to 5,143.26 points.
Russia’s equity followed suit – by Friday evening the MICEX index fell 1.79 percent to 1,656.59 points while the RTS index plunged 5.9 percent altogether getting to 998.96 points.
In the USA, the Dow Jones dropped 1.54 percent down to 17,826.30 points, the S&P 500 shed 1.13 percent down to 2,081.18 points, and the NASDAQ fell 1.52 percent down to 4,931.81 points.
The NYMEX price of WTI oil futures for June went down by $0.79 and reached $57.32 a barrel. On London’s ICE, the price of Brent oil futures for June lowered by $0.53 and ended up at $63.45 a barrel.
On the global Forex market, EUR/USD is basically at the same level as it was last Friday.
Anna Gorenkova, NordFX Analyst