Trading news

A Slight Hike on Markets

Posted on May 5, 2015 11:04

On Monday, the world’s financial markets closed mainly on the rise, with the exception of the commodity market where the price of oil dropped a little. 

In Europe as such, the British FTSE 100 grew 0.36 percent to 6985.95 points on Friday. On Monday, there was no trading on the London exchange due to a holiday. Also on Monday, the German DAX 30 advanced 1.57 percent up to 11,634.34 points, and the French CAC 40 gained 0.84 percent reaching 5,088.82 points.

European investors’ sentiment was influenced by the news about an interim agreement between Greece and its lenders. 

The Russian market was closed for May Day holidays on Monday. 

In the USA, the Dow Jones grew 0.26 percent to 18,070.40 points, the S&P 500 gained 0.29 percent up to 2,114.49 points, and the NASDAQ added 0.23 percent getting to 5,016.93 points.

Oil prices, however, posted a slight drop yesterday. The NYMEX price of WTI oil futures for June went down by $0.22 and reached $58.93 a barrel. On London’s ICE, the cost of Brent oil futures for June delivery was down by $0.01 ending up at $66.45 a barrel.

On the Forex market, EUR/USD is returning to the breakthrough point in the double bottom pattern on the daily chart. The pair may start moving up again from 1.0970.

Anna Gorenkova
NordFX Analyst

Monday, 25 May, 2015 / 11:56

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Equities Turn Slightly Weaker Near The Top

Equity markets were seen trading rather flat for the third consecutive day. [...]

Posted on Friday, 24 Jan, 2020 / 2:48 under

EUR/USD Falls to 7-Week Lows Following Dovish ECB Signals

EUR/USD fell to its lowest level since December 2nd in Friday trading, after [...]

Posted on Friday, 24 Jan, 2020 / 12:31 under

Euro slips after ECB; stocks stage another comeback

  Euro/dollar breaks lower as ECB is a touch more dovish than [...]

Posted on Friday, 24 Jan, 2020 / 10:18 under