Last week marked was a positive affair for the world’s major stock markets with all markets making ground over last week’s close.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.36% at 7304; the Dax ended at 12124, 1.4% up on last week’s close; the CAC was up by 1.9% to end the session at 5352.6.
The Dow ended the week up by 0.92% to close at 26155. The Nasdaq composite index was up by 1.4% over the course of the week at 8010.
The Nikkei 225 ended the week’s trading up by 3.5% to end the session at 23095.
Currency markets review
On the currency markets last week, the Pound enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.3086 to the Pound, a fall of 1.2% on the week. The Greenback was weaker against the Euro last week losing 0.74% to close at $1.1659 to the Euro.
The Dollar strengthened against the Japanese currency closing at 112.1 Yen to the Dollar, making a gain of 0.81% during the week.
The Euro was stronger against the Yen ending at 130.7, a gain of 1.6% over the course of the week. It was weaker against Sterling last week, the close saw one £ buying €1.1243, a loss of 0.58%.
The Euro now buys 1.1268 CHF, up by 0.54% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $78.09 per barrel, a rise of 1.6% over the course of the week’s trading. The value of gold was higher last week closing at $1202 per ounce, a rise of 0.32% on the week.