Trading news

Markets Closed Mixed

Yesterday financial markets closed mixed due to the fact that released reports had a specific impact on each separate market.


As such, European markets closed in the red – Germany’s DAX 30 fell 0.49 percent down to 9,710.70 points, France’s CAC 40 dropped 0.5 percent down to 4,452.37 points, and Britain’s FTSE 100 shed 0.08 percent finishing trading at 6,829 points. European investors’ sentiments were influenced by poll results in Scotland that showed that over 50% of Scots would vote for independence from the United Kingdom.


In Russia, thanks to a delay with EU sanctions, the MICEX index grew 0.23 percent up to 1,468.17 points and the RTS index – 0.09 percent up to 1,246.64 points.


There’s a slump on the US stock market as well, which has to do with reports that the Federal Reserve may raise the key interest rate sooner that it was expected. Trading resulted in the Dow Jones falling 0.57 percent down to 17,013.87 points, the NASDAQ shedding 0.87 percent down to 4,552.29 points and the S&P 500 BMI dropping 0.65 percent down to 1,988.44 points.


The NYMEX price of WTI oil futures for October rose by $0.09, up to $92.75 a barrel. On London’s ICE, the price of Brent oil futures went down by $1.04 and made $99.16 a barrel.


On Forex, EUR/USD is experiencing a correction upward. There’s no expressed trend in its movement so far.



Anna Gorenkova
NordFX Analyst

Wednesday, 10 Sep, 2014 / 9:47

Source :

Trading news

 

GBP/USD Trades in Symmetric Triangle Pattern - Traders Brace for a Breakout! 

During Tuesday's European Trading Session, the GBP/USD extended its previous [...]

Posted on Wednesday, 12 Aug, 2020 / 10:15 under

EUR/USD Regression Channel Set to Extend Resistance - Can we Expect Selling?  

The EUR/USD pair has bounced off during the European session to trade at [...]

Posted on Wednesday, 12 Aug, 2020 / 10:14 under

USD/JPY Violates Double Top Resistance - Brace for Buying Trend! 

The USD/JPY is trading sharply bullish at 106.766 level, and recently it has [...]

Posted on Wednesday, 12 Aug, 2020 / 10:13 under