Last week was a positive affair for the world’s major markets with all the major indices either standing still or advancing
In Europe over the course of the week, the FTSE was up on last week’s close by 0.98% at 7258.8; the Dax ended at 11667, up by 0.14% on last week’s close; the CAC was up by 0.06% to end the session at 4828.3.
The Dow ended the week up by 0.99% to close at 20269. The Nasdaq Composite Index was up by 1.2% over the course of the week at 5734.1.
The Nikkei 225 ended the week’s trading up by 2.4% to end the session at 19379.
Currency markets review
On the currency markets last week Sterling enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.2502 to the Pound, a fall of 0.05% on the week. The Greenback strengthened against the Euro last week by 1.3% to close at $1.065 to the Euro. The Dollar was stronger against the Japanese currency closing at 113.2 Yen to the Dollar, making a gain of 0.69% during the week.
The Euro was weaker against the Yen ending at 120.6, a loss of 0.63% over the course of the week. It lost ground against Sterling last week, falling by 1.3%; the close saw one £ buying €1.174.
The Euro now buys 1.0679 CHF, a fall of 0.17% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $56.7 per barrel, a fall of 0.19% over the course of the week’s trading. The value of gold rose last week closing at $1233.3 per ounce, a gain of 1.12% on the week.
