Last week was a positive affair for the world’s major markets with all indexes making gains.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.37% at 7378.4; the DAX ended at 12632, up by 2% on last week’s close; the CAC was up by 1.8% to end the session at 5235.3.
The Dow ended the week up by 1.1% to close at 21638. The Nasdaq Composite Index was up by 2.6% over the course of the week at 6312.5.
The Nikkei 225 ended the week’s trading up by 0.95% to end the session at 20119.
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 $1.3076 to the Pound, a fall of 1.5% on the week. The Greenback weakened against the Euro last week by 0.49% to close at $1.1452 to the Euro. The Dollar weakened against the Japanese currency closing at 112.7 Yen to the Dollar, making a loss of 1.3% during the week.
The Euro was weaker against the Yen ending at 129, a loss of 0.78% over the course of the week. It lost ground against Sterling last week, falling by 1%, the close saw one £ buying €1.1418. The Euro now buys 1.1056 CHF, a gain of 0.6% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $48.91 per barrel, a rise of 4.7% over the course of the week’s trading. The value of gold rose last week closing at $1227.5 per ounce, a gain of 1.6% on the week.
