All of the world’s major markets again made gains over the course of the week.
In Europe over the course of the week, the FTSE was up on last week’s close by 1.3% at 7297.4; the Dax ended at 12717, up by 2.2% on last week’s close; the CAC was up by 3.1% to end the session at 5432.4.
The Dow ended the week up by 0.32% to close at 21007. The Nasdaq composite index was up by 0.88% over the course of the week at 6100.8.
The Nikkei 225 ended the week’s trading up by 1.3% to end the session at 19446.
Currency markets review
On the currency markets last week the Euro enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.2948 to the Pound, a fall of 0.09%. The Greenback weakened against the Euro last week by 0.91% to close at $1.0995 to the Euro. The Dollar strengthened against the Japanese currency closing at 112.6 Yen to the Dollar, making a gain of 1.1% during the week.
The Euro was stronger against the Yen ending at 123.8, a gain of 2% over the course of the week. It made ground against Sterling last week, rising by 0.88%; the close saw one £ buying €1.1769.
The Euro now buys 1.0859 CHF, a rise of 0.25% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $49.1 per barrel, a fall of 5.7% over the course of the week’s trading. The value of gold fell last week closing at $1228 per ounce, a fall of 3.1% on the week.