Trading news

Euro Continues to Fall

Last Friday the world’s financial markets closed with a drop for the most part. Some European trading floors posted a rise, though – the German DAX grew 0.41 percent up to 11,550.97 points, the French САС 40 gained 0.02 percent going up to 4,964.35 points whereas the British FTSE 100 fell 0.71 percent to 6,911.80 points.

In Russia, the MICEX index dropped 1.82 percent down to 1,728.55 points, and the RTS index shed 0.98 percent getting to 903.45 points.

In the USA, the Dow Jones fell 1.54 percent down to 17,856.78 points, the S&P 500 dropped 1.42 percent down to 2,071.26 points, and the NASDAQ lost 1.11 percent reaching 4,927.37 points.

On the NYMEX, the price of WTI oil futures for April went down by $1.04 and made $49.72 a barrel. On London’s ICE, the cost of Brent oil futures for April delivery rose by $0.66 and ended up at $59.82 a barrel.

On the Forex market, the euro posted a further fall against the dollar. EUR/USD may reach 1.0650.

Anna Gorenkova
NordFX Analyst

Monday, 09 Mar, 2015 / 10:42

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

Source :

Trading news

 

Dollar firms, stocks slip amid US stimulus doubts

  Talks on US stimulus package continue but deal in doubt after [...]

Posted on Thursday, 22 Oct, 2020 / 9:34 under

Up to the US Elections Results

The US economy has recovered modestly in the third quarter thanks to [...]

Posted on Thursday, 22 Oct, 2020 / 9:18 under

OIL dropped 2.5% after excess supply – US OIL Market Outlook – 22/10/2020

WTI Crude dropped by more than 2.50%, hitting our short entry support targets, [...]

Posted on Thursday, 22 Oct, 2020 / 7:55 under