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Indices Closed with Slump

NordFX

Last Friday world financial markets finished with a slump. In Europe, the British FTSE 100 fell 1.21 percent down to 6,561.70 points, the German DAX dropped 1.47 percent down to 9,315.29 points whereas the French CAC 40 grew 1.08 percent up to 4,365.86 points.

In Russia, the MICEX index shed 0.39 percent going down to 1,362.40 point while the RTS index fell 0.77 percent down to 1,204 points.

In the United States, the Dow Jones index dropped 0.89 percent down to 16,026.75 points, the S&P 500 shed 0.95 percent down to 1,815.69 points, and the NASDAQ slumped 1.34 percent reaching 3,999.73 points.

The NYMEX price of May futures for WTI oil rose by $0.34 and made $103.74 a barrel. On London’s ICE, the price of Brent oil futures for May delivery went down by $0.13 and made $107.33 a barrel.

On Forex, EUR/USD started with a big gap today. Traditionally, the pair should cover the gap during the week.

Anna Gorenkova

NordFX Analyst

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