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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

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