Last week saw all of the major stock markets making ground again - albeit only just in some cases.
In Europe over the course of the week, the FTSE was up by 0.52%, it closed at 6855.1; the Dax ended at 9477, up by 0.07% on last week’s close; the CAC was up by 2.4% to end the session at 4486.5.
The Dow ended the week up by 0.23% to close at 17137. The Nasdaq composite index ended up by 0.06% over the course of the week at 4582.9.
The Nikkei 225 ended the week’s trading up by 1.6% to end the session at 15669.
Currency Markets Review
On the currency markets last week, the Dollar saw the best of the trading. The Dollar was stronger against Sterling last week closing at $1.6310 to the Pound; a gain of 1.7% over the week. The Greenback strengthened against the Euro last week by 1.5% to close at $1.2958 to the €. The Dollar was stronger against the Japanese currency, closing at 104.9 Yen to the Dollar, making a gain of 0.94% during the week.
The Euro weakened against the Yen ending at 136.0, a loss of 0.55% over the course of the week. It made ground against Sterling last week rising by 0.27%; the close saw one £ buying €1.2587.
Commodities Market Review
On the commodities market, the price for Brent crude ended lower at $100.8 per barrel (for October delivery), a fall of 2.3% over the course of the week’s trading. The value of gold was lower last week, closing at $1266 per ounce, a loss of 1.5%.