China selloff steadies but Wall Street wobbles; dollar eyes Fed
China jitters spread to global equities but rebound may already be [...]
Trading news
Overall Rise
Yesterday world financial markets closed in the black due to reports that the Bank of England intends to raise the key interest rate in the first quarter of 2015. European indices exhibited an upward trend mostly – the British FTSE 100 grew 0.37 percent up to 6,656,68 points, the German DAX 30 advanced 1.43 percent up to 9,198.88 points but the French CAC 40 fell 0.78 percent down to 4,194.79 points.
In Russia, the MICEX index grew 1.79 percent up to 1,398.85 points and the RTS index – 1.84 percent making 1,220.80 points.
In the United States, the Dow Jones gained 0.55 percent going up to 16,651.80 points, the S&P 500 grew 0.67 percent up to 1,946.72 points, and the NASDAQ picked up 1.02 percent closing at 4,434.13 points.
On the NYMEX, the price of the September WTI oil future went down by $0.16 reaching $97.43 a barrel. On the London ICE, the price of the Brent oil future for September rose by $1.22 and stopped at $104.28 a barrel.
As for the Forex market, EUR/USD hasn’t changed its position so far.
Anna Gorenkova
NordFX Analyst
Thursday, 14 Aug, 2014 / 8:56
Trading news
What To Expect From Fed’s FOMC Meeting
The Fed’s policy meeting that will end tomorrow is posing a problem for [...]
Turmoil in China but broader market mood steady
Freefall in Chinese stocks enters third day but rest of Asia takes [...]
