Last week was another positive affair for the world’s major markets with all making ground.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.74% at 7560.4; the DAXended at 13479, 2% up on last week’s close; the CAC was up by 0.43% to end the session at 5518.
The Dow ended the week up 0.45% to close at 23539. The Nasdaq Composite Index was up by 0.94% over the course of the week at 6764.4
The Nikkei 225 ended the week’s trading up by 2.4% to end the session at 22539.
Currency markets review
On the currency markets last week, the Euro enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.3068 to the Pound, a gain of 0.32% on the week. The Greenback weakened against the Euro last week by 0.31% to close at $1.1617 to the Euro. The Dollar strengthened against the Japanese currency closing at 114.3 Yen to the Dollar, making a gain of 0.37% during the week.
The Euro was stronger against the Yen ending at 132.7, a gain of 0.68% over the course of the week. It made ground against Sterling last week, rising by 0.62%, the close saw one £ buying €1.1249. The Euro now buys 1.1621 CHF, a gain of 0.44% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $62.07 per barrel, a rise of 2.7% over the course of the week’s trading. The value of gold was unchanged last week closing at $1267.8 per ounce.
