Markets Are on the Up Again

April 21, 2015

Yesterday world financial markets closed on the rise for the most part. In Europe, the FTSE 100 fell 0.12 percent to 7,052.13 points but the DAX 30 advanced 1.74 percent up to 11,891.91 points, and the CAC 40 grew 0.86 percent to 5,187.59 points.

Russia’s equity markets posted mixed results yesterday – the MICEX index added 1.61 percent reaching 1,683.24 points while the RTS index dropped 0.33 percent down to 995.70 points. The MICEX index got a boost from reports that Fitch Ratings had postponed making a decision about changing Russia’s credit rating.

In the USA, the Dow Jones grew 1.17 percent to 18,034.93 points, the S&P 500 gained 0.92 percent up to 2,100.40 points, and the NASDAQ advanced 1.27 percent up to 4,994.60 points.

On the NYMEX, the price of June futures for WTI oil rose by $0.56 and made $57.88 a barrel yesterday. On London’s ICE, the price of Brent oil futures for June remained at $63.45 a barrel.

The global Forex market saw EUR/USD go down. The pair may reach 1.0560.

Anna Gorenkova, NordFX Analyst

 

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