Trading news

Markets Closed in Red Zone

Yesterday world financial markets closed mainly with a slump. As such, in Europe the British FTSE 100 fell 0.12 percent down to 6,674.74 points, the German DAX 30 shed 0.58 percent down to 9,544.19 points, and the French CAC 40 dropped 0.74 percent down to 4,451.08 points.

On the Russian floor, the MICEX index fell 0.49 percent down to 1,329.11 points while the RTS index shed 0.58 percent closing at 1,171.99 points.

In the USA, the Dow Jones dropped 0.08 percent reaching 16,501.65 points, the S&P fell 0.22 percent down to 1,875.39 points, and the NASDAQ was down by 0.83 percent stopping at 4,126.97.

On the global commodity market, on the ICE Futures Europe the price of Brent oil went down by $0.16 and made $109.11 a barrel. The NYMEX price of WTI oil lowered by $0.31 and got down to $101.44 a barrel.

On Forex, EUR/USD is still at the same level. The pair is trying to go up, which is evident from the long daily candlestick shadows, but it’s hindered by the external background. Investors start selling the euro towards the end of the day. Today quite a large block of macroeconomic data will be released – that can serve as an impetus for the pair.

Anna Gorenkova
NordFX Analyst

Thursday, 24 Apr, 2014 / 12:27

Source :

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