Trading news

Thursday Ended Mainly on a Positive Note

Yesterday world financial markets closed mainly on the rise, except for the European equity market. Due to the impact of corporate reports, European indices posted the following results – the British FTSE 100 fell 0.26 percent down to 6,678.90 points, the French CAC 40 dropped 0.75 percent down to 4,234.21 points whereas the German DAX 30 grew 0.12 percent finishing the trading day at 9,483.97 points.

In Russia, the MICEX index gained 0.82 percent going up to 1,530.40 points, and the RTS index advanced 1.88 percent up to 1,040.36 points.

In the USA, the Dow Jones Industrial Average grew 0.19 percent up to 17,719 points, the NASDAQ Composite gained 0.56 percent up to 4,701.87 points, and the S&P BMI added 0.2 percent reaching 2,052.75 points. The US equity got a boost from positive macroeconomic data – existing home sales went up, the number of first-time claims for state unemployment benefits decreased and is under 300,000 second moth running. Analysts consider it as a sign of improvement on the labor market.

Yesterday oil prices also posted a rise. On the NYMEX, the price of December futures for Light Sweet Oil of mark WTI rose by $1 and finished the trading session at $75.58. The ICE price of futures for North Sea oil of mark Brent went up by $1.23 and reached $79.33 a barrel.

Thursday’s news, however, had no bearing on EUR/USD movements on the global Forex market. The pair is still holding in the correction range. It’s a wait and see situation.

Anna Gorenkova
NordFX Analyst

Friday, 21 Nov, 2014 / 12:25

Source :

Trading news

 

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under

JOHNSON & JOHNSON SHARES SPIKE ON EARNINGS BEAT

The company’s quarterly results come at a time when the distribution of [...]

Posted on Wednesday, 21 Apr, 2021 / 7:42 under

Intraday Market Analysis – Recovery Momentum

EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]

Posted on Tuesday, 20 Apr, 2021 / 1:00 under