Last week was a largely positive affair for the world’s major markets with all the major indices advancing except for the Nikkei.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.57% at 7300; the Dax ended at 11757, up by 0.77% on last week’s close; the CAC was up by 0.81% to end the session at 4867.6.
The Dow ended the week up by 1.8% to close at 20624. The Nasdaq composite index was up by 1.8% over the course of the week at 5838.6.
The Nikkei 225 ended the week’s trading down by 0.74% to end the session at 19235.
Currency markets review
On the currency markets last week the Yen enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.241 to the Pound, a gain of 0.74% on the week. The Greenback strengthened against the Euro last week by 0.33% to close at $1.0615 to the Euro. The Dollar was weaker against the Japanese currency closing at 112.8 Yen to the Dollar, making a loss of 0.33% during the week.
The Euro was weaker against the Yen ending at 119.8, a loss of 0.66% over the course of the week. It made ground against Sterling last week, rising by 0.41%; the close saw one £ buying €1.1691.
The Euro now buys 1.0641 CHF, a fall of 0.35% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $55.81 per barrel, a fall of 1.57% over the course of the week’s trading. The value of gold rose last week closing at $1234.8 per ounce, a gain of 0.12% on the week.