Last week’s trading saw all of the major markets fall with the exception of Japan’s Nikkei.
In Europe over the course of the week, the FTSE was down by 1.7%, it closed at 6440; the Dax ended at 9006.5 falling by 1.8% over the course of the week; the CAC was down by 1.7% to end the session at 4059.7.
The Dow ended the week lower, slipping by 1.7% to end at 15755. The Nasdaq composite index ended down by 1.5% over the course of the week at 4001. The Nikkei 225 ended the week’s trading higher by 0.67% to end the session at 15403.
Currency Markets Review
On the currency markets last week, the Euro again saw the best of the trading. The Dollar was stronger against Sterling last week, closing at $1.6296 to the Pound; a gain of 0.26% over the week. The Greenback weakened against the Euro last week by 0.26% to close at $1.3727 to the €. The Dollar was stronger against the Japanese currency, closing at 103.3 Yen to the Dollar, making a gain of 0.39% during the week.
The Euro rose against the Yen ending at 141.8, a gain of 0.66% over the course of the week. It made ground against Sterling last week rising by 0.13%; the close saw one £ buying €1.1871.
Commodities Market Review
On the commodities market, the price for Brent crude ended lower, at $108.8 per barrel (for January delivery); a fall of 2.5% over the course of the week’s trading. The value of gold was lower last week, closing at $1232 per ounce, representing a fall of 0.1% over the previous week’s value.