Last week marked the end of the month’s trading for September and the end of Q3 2018. The major markets had a mixed week.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.27% at 7510.2, making 3.2% in September; the Dax ended at 12247, 1.5% down on last week’s close, but gaining 2.4% on the month; the CAC was marginally lower by 0.01% to end the session at 5493.5, but it made 4.6% over the month.
The Dow ended the week down by 1.1% to close at 26458, but it gained 2.1% in September. The Nasdaq composite index was up by 0.74% over the course of the week at 8046.4, making 4.7% over the month.
The Nikkei 225 ended the week’s trading up by 1.1% to end the session at 24120, gaining 8.1% in September.
Currency markets review
On the currency markets last week, the Dollar enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.3056 to the Pound, a rise of 0.09% on the week, but a fall of 0.7% on the month. The Greenback was stronger against the Euro last week gaining 0.98% to close at $1.1626 to the Euro, but slipped by 0.23% in September.
The Dollar strengthened against the Japanese currency closing at 113.5 Yen to the Dollar, making a gain of 0.75% during the week and 2.3% over the month.
The Euro was weaker against the Yen ending at 131.9, a loss of 0.23% over the course of the week, but gained 2.5% over the course of September. It was weaker against Sterling last week, the close saw one £ buying €1.1230, a loss of 0.9% on the week and 0.46% on the month.
The Euro now buys 1.1342 CHF, up by 0.71% on the week and 0.83% over the month.
Commodities market review
On the commodities market, the price for Brent crude ended at
$82.73 per barrel, a rise of 5% over the course of the week’s trading and 7.7% in September. The value of gold was lower last week closing at $1191.5 per ounce, a fall of 1.2% on the week and 0.56% on the month.