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Growth in Europe, Decline in USA

Last Friday the world’s financial markets closed mixed. Thus, European indices went up – Britain’s FTSE 100 grew 0.41 percent up to 6,615.58 points, the German DAX 30 advanced 1.44 percent up to 9,587.19 points, and France’s CAC 40 gained 0.74 percent reaching 4,411.26 points.

The MICEX index grew 0.92 percent up to 1,344.12 points and the RTS index – 0.58 percent up to 1,186.28 points.

In the USA, on the contrary, indices closed in the red zone – the Dow Jones shed 0.03 percent down to 16,264.23 points, the NASDAQ fell 0.54 percent down to 4,151.23 points, and the S&P 500 BMI dropped 0.19 percent down to 1,849.04 points.

The NYMEX price of WTI oil for May rose by $0.39 and made $101.67 a barrel. On London’s ICE, the price of Brent oil futures for May delivery went up by $0.82 and reached $108.07 a barrel.

On the global Forex market, EUR/USD hasn’t been able to get over the medium-term daily MA so far.

Anna Gorenkova
NordFX Analyst

Monday, 31 Mar, 2014 / 10:56

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