Trading news

No Common Trend for Indices

At the beginning of the trading week, the world’s financial markets closed mixed. As such, in Europe, the British FTSE fell 0.16 percent down to 6,844.55 points, the German DAX 30 grew 0.31 percent up to 9,659.39 points, and the French CAC 40 advanced 0.30 percent up 4,469.76 points.

In the United States, the Dow Jones gained 0.12 percent up to 16,511.86 points, the NASDAQ Composite grew 0.86 percent up to 4,125.81 points, and the S&P 500 BMI added 0.38 percent reaching 1,885.08 points.

On the oil market, the price of Brent oil at the IСE Futures Europe went down by $0.38 and made $109.37 a barrel. The NYMEX price of WTI Light Sweet oil rose by $0.59 and got to $102.61 a barrel.

On Forex, EUR/USD is still holding at the 1.37 support level. Nonetheless, judging by the moods, the pair will go down soon. In this case, its target will be 1.3580.

Anna Gorenkova
NordFX Analyst

Tuesday, 20 May, 2014 / 12:14

Source :

Trading news

 

US employment data to dictate mood; OPEC can’t lift oil

  Spotlight falls on the US jobs report today; risks around dollar [...]

Posted on Friday, 06 Dec, 2019 / 10:10 under

Traders Eye Payrolls Report After Weak ADP

The markets continue to whipsaw ahead of today’s payrolls report. This [...]

Posted on Friday, 06 Dec, 2019 / 9:53 under

THE POUND ROSE TO ITS HIGHEST LEVEL IN ALMOST 7 MONTHS. WHAT'S NEXT?

On Wednesday, the GBP/USD crossed the 1.3000 level and set a new high in [...]

Posted on Friday, 06 Dec, 2019 / 9:35 under