The world’s major markets again ended the week mixed.
In Europe over the course of the week, the FTSE fell 0.25%, it closed at 5651.8; the Dax ended at 6630, climbing by 1.1% over the week; the CAC was up by 0.41% to end the session at 3193.9.
The Dow ended the week 0.36% higher at 12822.6. The Nasdaq composite index ended the week at 2952.3 climbing 1.5% over the course of the week.
The Nikkei closed down over the course of the week’s trading, shedding 0.62% to end the trading session at 8669.9.
Currency Markets Review
On the currency markets last week, Sterling saw the best of trading. The Dollar was weaker against Sterling, shedding 1.3% and closing at 1.56742 to the Pound. The Greenback was also lower against the Euro last week, falling 0.12% to close at 1.22. The Dollar lost ground against the Japanese currency, closing at 78.5738 to the Yen, a fall of 0.89% on the week.
The Euro weakened against the Yen ending at 95.8601, a loss of 0.77% over the course of the week. The Euro was lower against Sterling over the course of the week, falling by 1.2%; the close saw one £ buying 1.28477.
Commodities Market Review
On the commodities market, the price for Brent crude ended higher, closing at $106.8 per barrel (for September delivery); a rise of 4.4% over the course of the week’s trading. The value of gold was lower last week, closing at $1576.3 per ounce, representing a loss of 1.2% over last week’s value.