In Europe over the course of the week, the FTSE was up by 0.97%, it closed at 6625.3; the Dax ended at 9409.7, up by 1% on last week’s close; the CAC was up by 1.5% to end the session at 4431.8.
The Dow ended the week up by 2.4% to close at 16409. The Nasdaq composite index ended up by 2.4% over the course of the week at 4095.5.
The Nikkei 225 ended the week’s trading up by 4% to end the session at 14516.
On the currency markets last week, Sterling saw the best of the trading. The Dollar was weaker against Sterling last week, closing at $1.6787 to the Pound; a loss of 0.31% over the week. The Greenback strengthened against the Euro last week by 0.61% to close at $1.3812 to the €. The Dollar was stronger against the Japanese currency, closing at 102.4 Yen to the Dollar, making a gain of 0.85% during the week.
The Euro strengthened against the Yen ending at 141.5, a gain of 0.24% over the course of the week. It lost ground against Sterling last week falling by 0.94%; the close saw one £ buying €1.2156.
On the commodities market, the price for Brent crude ended higher at $109.5 per barrel (for June delivery); a rise of 2.1% over the course of the week’s trading. The value of gold was lower last week, closing at $1299 per ounce, representing a loss of 1.4% over the previous week’s value.