Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Trading news
No Common Trend on Markets
Yesterday the world’s financial markets closed mixed. European trading resulted in the British FTSE 100 shedding 0.04 percent down to 6,775.25 points, Germany’s DAX gaining 1.83 percent and closing at 9,510.14 points and France’s CAC 40 growing 2.1 percent up to 4,342.11 points.
In Russia, the MICEX index advanced 0.56 percent up to 1,454.67 points and the RTS index – 0.58 percent up to 1,267.42 points.
The USA’s Dow Jones picked up 0.44 percent finishing trading at 17,076.87 points, the S&P 500 grew 0.48 percent up to 1,997.92 points while the NASDAQ added 0.41 percent reaching 4,557.35 points.
On the NYMEX, the price of the October WTI oil future dropped by $0.30 and stopped at $95.35 a barrel. On the London ICE, on the contrary, the price of the Brent oil future for October rose by $0.36 and stopped at $102.65 a barrel. Oil prices are influenced by Libya’s continuing conflict.
On the global currency market, EUR/USD keeps going down. However, the pair didn’t close the gap yesterday, which indicates that the pair may go up in the short term.
Anna Gorenkova
NordFX Analyst
Tuesday, 26 Aug, 2014 / 10:57
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