Last week was a negative affair for the world’s major stock markets with all the major markets closing below the previous week’s mark except for the Nasdaq.
In Europe over the course of the week, the FTSE was down on last week’s close by 0.37% at 7701.8; the Dax ended at 12724, 1.7% down on last week’s close; the CAC was down by 1.4% to end the session at 5465.5.
The Dow ended the week down by 0.48% to close at 24635. The Nasdaq composite index was up by 1.6% over the course of the week at 7554.3.
The Nikkei 225 ended the week’s trading down by 1.3% to end the session at 22171.
Currency markets review
On the currency markets last week, Sterling enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.3356 to the Pound, a fall of 0.25% on the week. The Greenback was essentially unchanged against the Euro last week rising by 0.07% to close at $1.1678 to the Euro. The Dollar strengthened against the Japanese currency closing at 109.5 Yen to the Dollar, making a gain of 0.13% during the week.
The Euro was stronger against the Yen ending at 127.9, a gain of 0.22% over the course of the week. It lost ground against Sterling last week falling by 0.18%, the close saw one £ buying €1.1437.
The Euro now buys 1.1524 CHF, down by 0.36% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $76.79 per barrel, a rise of 0.46% over the course of the week’s trading. The value of gold fell last week closing at $1293 per ounce, a fall of 0.92% on the week.