Last week marked was a largely positive affair for the world’s major stock markets with only the Nasdaq failing to make ground over last week’s close.
In Europe over the course of the week, the FTSE was up on last week’s close by 2.6% at 7490.2; the Dax ended at 12431, 2.5% up on last week’s close; the CAC was up by 2.7% to end the session at 5494.2.
The Dow ended the week up by 2.3% to close at 26744. The Nasdaq composite index was down by 0.29% over the course of the week at 7987.
The Nikkei 225 ended the week’s trading up by 3.4% to end the session at 23870.
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 $1.3068to the Pound, a fall of 0.14% on the week. The Greenback was weaker against the Euro last week losing 0.7% to close at $1.1741 to the Euro.
The Dollar strengthened against the Japanese currency closing at 112.6 Yen to the Dollar, making a gain of 0.47% during the week.
The Euro was stronger against the Yen ending at 132.2, a gain of 1.2% over the course of the week. It was stronger against Sterling last week, the close saw one £ buying €1.1130, a gain of 1%.
The Euro now buys 1.1262 CHF, up by 0.06% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at
$78.8 per barrel, a rise of 0.91% over the course of the week’s trading. The value of gold was higher last week closing at $1206.2 per ounce, a rise of 0.35% on the week.