Where is the end to oil uptrend?
Oil continues to trade in the mid-term uptrend, constantly updating new yearly [...]
Trading news
Markets Ended the Week with Mixed Results
Last Friday world financial markets posted mixed results. In Europe as such, the British FTSE 100 fell 0.58 percent to 6,855.02 points, the German DAX grew 0.21 percent up to 11,868.33 points, and the French CAC 40 advanced 0.55 percent up to 5,034.06 points.
In Russia, the MICEX index fell 0.65 percent to 1,571.55 points, and the RTS index dropped 1.4 percent down to 856.44 points.
In the USA, on the contrary, there was a rise on equity markets – the Dow Jones grew 0.19 percent to 17,712.66 points, the S&P 500 gained 0.24 percent up to 2,061.02 points, and the NASDAQ added 0.57 percent getting to 4,891.22 points.
Despite the ongoing armed conflict in Yemen, oil prices went down. Thus, the NYMEX price or WTI oil futures for May dropped $2.41 and reached $48.87 a barrel. On London’s ICE, the price of the Brent oil future for May delivery plunged by $2.58 and ended up at $56.41 a barrel.
On the global Forex market, EUR/USD is at a standstill. The pair is waiting for fresh stimuli to start moving.
Anna Gorenkova
NordFX Analyst
Monday, 30 Mar, 2015 / 10:32
Trading news
USD: US Dollar rallies against weak JPY
Last week's trading was fairly calm, especially concerning US data. The [...]
