Last week was another mixed affair for the world’s major markets.
In Europe over the course of the week, the FTSE was up by 0.61 %, it closed at 6855.8; the Dax ended at 9629.1, up by 0.5% on last week’s close; the CAC was down by 0.47% to end the session at 4456.3.
The Dow ended the week down by 0.55% to close at 16491. The Nasdaq composite index ended up by 0.46% over the course of the week at 4090.6.
The Nikkei 225 ended the week’s trading down by 0.73% to end the session at 14097.
Currency Markets Review
On the currency markets last week, the Yen again saw the best of the trading. The Dollar was stronger against Sterling last week, closing at $1.6826 to the Pound; a gain of 0.14% over the week. The Greenback strengthened against the Euro last week by 0.4% to close at $1.3707 to the €. The Dollar was weaker against the Japanese currency, closing at 101.5 Yen to the Dollar, making a loss of 0.25% during the week.
The Euro weakened against the Yen ending at 139.1, a loss of 0.66% over the course of the week. It lost ground against Sterling last week falling by 0.27%; the close saw one £ buying €1.2276.
Commodities Market Review
On the commodities market, the price for Brent crude ended higher at $109.8 per barrel (for July delivery), a gain of 1.7% over the course of the week’s trading. The value of gold was essentially unchanged last week, closing at $1291.5 per ounce, representing a gain of 0.02% over the previous week’s value.