Trading news

Continuing Crash on Stock and Commodities Markets

Last Friday the world’s financial markets saw major indices slump again. In Europe, due to a decline in economic indicators in the region, the British FTSE 100 fell 1.43 percent down to 6,339.97 points, the French CAC 40 dropped 1.64 percent down to 4,073.71 points, and the German DAX 30 shed 2.4 percent finishing the trading session at 8,788.81 points.

On the Russian floor, as oil prices generally continue to go down, the MICEX index fell 1.45 percent down to 1,364.24 points while the RTS index plunged 2.25 percent down to 1,064.29 пункта.

In the USA, the Dow Jones dropped 0.69 percent down to 16,544.10 points, the S&P 500 BMI declined 1.15 percent closing at 1,906.13 points, and the NASDAQ Composite fell 2.33 percent down to 4,276.24 points.

The NYMEX price of WTI oil futures for November rose by $0.05, up to $85.82 a barrel. On London’s ICE, the price of Brent oil futures for November delivery went up by $0.16 and made $90.21 a barrel.

On the global currency market, EUR/USD is so far holding at about the same level while correcting in the range of 1.2780-1.2510.

Anna Gorenkova
NordFX Analyst

Monday, 13 Oct, 2014 / 9:04

Source :

Trading news

 

Market sentiment changed towards greater risk appetite

While the yields rose, the USD weakened against a basket of currencies Read [...]

Posted on Friday, 24 Sep, 2021 / 12:05 under

What’s The Real Issue With The Debt Ceiling?

Politicians just love a crisis that they can leverage to push their agenda and [...]

Posted on Friday, 24 Sep, 2021 / 11:26 under

Bond markets come alive as tighter policy looms, stock rally eases

  Sovereign bond yields jump on optimism and rising prospect of [...]

Posted on Friday, 24 Sep, 2021 / 10:26 under