The major stock markets finished the week up with the exception of the Nikkei which ended the session essentially flat.
In Europe over the course of the week, the FTSE was up by 2.3%, it closed at 5871; the Dax ended at 7397.9 climbing by 2.5% over the course of the week; the CAC was up by 3.1% to end the session at 3457.
The Dow ended the week stronger to the tune of 1.3 % at 13610.2. The Nasdaq composite index ended at 3136.2, making 0.64% over the course of the week.
The Nikkei closed essentially flat over the course of the week’s trading, slipping 0.08% to end the trading session at 8863.3.
On the currency markets last week, the Euro saw the best of trading. The Dollar weakened against Sterling, falling 0.39% and closing at 1.61947 to the Pound. The Greenback was weaker against the Euro last week, slipping 1.6% to close at 1.30554. The Dollar made ground against the Japanese currency, closing at 78.6674 to the Yen, a rise of 0.96%.
The Euro recovered against the Yen ending at 102.7033, a rise of 2.5% over the course of the week. The Euro was stronger against Sterling over the course of the week, making 1.2%; the close saw one £ buying 1.24046.
On the commodities market, the price for Brent crude ended lower, closing at $111.9 per barrel (for November delivery); a fall of 0.44% over the course of the week’s trading. The value of gold was higher last week, closing at $1784 per ounce, representing a gain of 0.45% over last week’s value.