Last week’s trading was a mixed affair for the world’s major markets.
In Europe over the course of the week, the FTSE was down by 0.29%, it closed at 6674.3; the Dax ended at 9219 rising by 0.55% over the course of the week; the CAC was down by 0.32% to end the session at 4278.5.
The Dow ended the week higher, gaining 0.65% to end at 16065. The Nasdaq composite index ended at 3991.7, rising by 0.14% over the course of the week.
The Nikkei 225 ended the week’s trading up by 1.4% to end the session at 15382.
Currency Markets Review
On the currency markets last week, Sterling saw the best of the trading. The Dollar was weaker against Sterling last week, closing at $1.6213 to the Pound; a loss of 0.61% over the week. The Greenback weakened against the Euro last week by 0.39% to close at $1.3550 to the €. The Dollar was stronger against the Japanese currency, closing at 101.3 Yen to the Dollar, making a gain of 1.1% during the week.
The Euro rose against the Yen ending at 137.4, a gain of 1.6% over the course of the week. It lost ground against Sterling last week falling by 0.22%; the close saw one £ buying €1.1965.
Commodities Market Review
On the commodities market, the price for Brent crude ended higher, at $111.1 per barrel (for January delivery); a rise of 2.4% over the course of the week’s trading. The value of gold was lower last week, closing at $1246.3 per ounce, representing a fall of 3.2% over the previous week’s value.