Last week was another mixed affair for the world’s major markets.
In Europe over the course of the week, the FTSE was up on last week’s close, just, by 0.05% at 7188.3; the Dax ended at 11651, down by 1.4% on last week’s close; the CAC was down by 0.3% to end the session at 4825.4.
The Dow ended the week down by 0.11% to close at 20071. The Nasdaq composite index was up by 0.11% over the course of the week at 5666.8.
The Nikkei 225 ended the week’s trading down by 2.8% to end the session at 18918.
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 $1.2509 to the Pound, a gain of 0.17% on the week. The Greenback weakened against the Euro last week by 0.93% to close at $1.0791 to the Euro. The Dollar was weaker against the Japanese currency closing at 112.4 Yen to the Dollar, making a loss of 2.3% during the week.
The Euro was weaker against the Yen ending at 121.3, a loss of 1.4% over the course of the week. It made ground against Sterling last week, rising by 1.1%; the close saw one £ buying €1.1592.
The Euro now buys 1.0697 CHF, a gain of 0.13% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $56.81 per barrel, a rise of 2.3% over the course of the week’s trading. The value of gold rose last week closing at $1219.7 per ounce, a gain of 1.62.4% on the week.