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NordFX

Yesterday world financial markets closed on the up due to a rise in oil prices. In Europe as such, the British FTSE 100 grew 0.3 percent to 7,096.78 points, the German DAX added 0.03 percent going up to 12,231.34 points, and the French CAC 40 gained 0.7 percent up to 5,254.35 points. The equity hike was also linked to reports that the European Central Bank had kept the current key interest rate unchanged and decided to continue with its QE program.

On the Russian stock market, the MICEX index advanced 1.84 percent up to 1,677.70 points and the RTS index – 3.63 percent up to 1,052.33 points.

In the USA, the Dow Jones grew 0.42 percent to 18,112.61 points, the S&P 500 gained 0.51 percent up to 2,106.63 points, and the NASDAQ advanced 0.68 percent up to 5,011.02 points.

The NYMEX price of WTI oil futures for May delivery rose by $0.04 and reached $56.43 a barrel. On London’s ICE, the price of the Brent oil future for May went up by $1.89 and closed at $60.32 a barrel.

On the Forex market, EUR/USD couldn’t get over the lower resistance level and is now again in the middle of the correction range of 1.05-1.0965. At this point, it’s too risky to enter the market.

Anna Gorenkova

NordFX Analyst

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