Last week’s trading saw all of the the world’s major markets gain with the one exception of the FTSE.
In Europe over the course of the week, the FTSE was down by 0.22%, it closed at 6693.4; the Dax ended at 9168.7 rising by 1% over the course of the week; the CAC was up by 0.75% to end the session at 4292.2.
The Dow ended the week higher, gaining 1.3% to end at 15962. The Nasdaq composite index ended at 3986, rising by 1.7% over the course of the week.
The Nikkei 225 ended the week’s trading up by 7.7% to end the session at 5166.
On the currency markets last week, the Euro saw the best of the trading. The Dollar was weaker against Sterling last week, closing at $1.6115 to the Pound; a loss of 0.75% over the week. The Greenback weakened against the Euro last week by 1.1% to close at $1.3497 to the €. The Dollar was stronger against the Japanese currency, closing at 100.2 Yen to the Dollar, making a gain of 1.2% during the week.
The Euro rose against the Yen ending at 135.3, a loss of 2.3% over the course of the week. It made ground against Sterling last week rising by 0.3%; the close saw one £ buying €1.1939.
On the commodities market, the price for Brent crude ended higher, at $108.5 per barrel (for January delivery); a rise of 3.2% over the course of the week’s trading. The value of gold was higher last week, closing at $1287.3 per ounce, representing a rise of 0.14% over the previous week’s value.