Last week’s trading was a mixed affair on the world’s major markets.
In Europe over the course of the week, the FTSE was up by 0.2%, it closed at 6734.7; the Dax ended at 9007.8 rising by 0.25% over the course of the week; the CAC was essentially flat, rising by 0.02% to end the session at 4273.2.
The Dow ended the week higher, gaining 0.29% to end at 15616. The Nasdaq composite index ended at 3922, slipping by 0.54% over the course of the week.
The Nikkei 225 ended the week’s trading down by 0.95% to end the session at 14202.
On the currency markets last week, the Dollar saw the best of the trading. The Dollar was stronger against Sterling last week, closing at $1.5918 to the Pound; a gain of 1.8% over the week. The Greenback strengthened against the Euro last week by 2.4% to close at $1.3483 to the €. The Dollar was stronger against the Japanese currency, closing at 98.8 Yen to the Dollar, making a gain of 1.6% during the week.
The Euro fell against the Yen ending at 133.2, a loss of 0.83% over the course of the week. It lost ground against Sterling last week falling by 0.5%; the close saw one £ buying €1.1806
On the commodities market, the price for Brent crude ended lower, at $105.9 per barrel (for December delivery); a fall of 0.95% over the course of the week’s trading. The value of gold was lower last week, closing at $1306.8 per ounce, representing a fall of 3% over the previous week’s value.