With the exception of the Cac, all of the world’s major exchanges ended the week higher.
In Europe over the course of the week, the FTSE was up by 0.68%, it closed at 6378.6; the Dax ended at 7708.2, rising by 0.60% over the course of the week; the CAC was down by 0.17% to end the session at 3699.9.
The Dow ended the week higher to the tune of 0.64% at 14089.7. The Nasdaq composite index ended at 3169.7, gaining 0.25% over the course of the week.
The Nikkei 225 ended the week’s trading higher, making 1.9% to end the session at 11606.4.
Currency Markets Review
On the currency markets last week, the Dollar saw the best of trading – just – with the Yen hot on its heels. The Dollar was stronger against Sterling last week, closing at 1.5027 to the Pound; a gain of 1.5% over the week. The Greenback strengthened against the Euro last week making 1.4% to close at 1.2981. The Dollar was essentially flat against the Japanese currency, closing at 93.37 to the Yen, recording a gain of 0.01% on the week.
The Euro weakened against the Yen ending at 121.2, a loss of 1.4% over the course of the week. The Euro gained against Sterling last week by 0.11%; the close saw one £ buying €1.1576.
Commodities Market Review
On the commodities market, the price for Brent crude ended lower, closing at $110.4 per barrel (for April delivery); a fall of 3.2% over the course of the week’s trading. The value of gold was higher last week, closing at $1582.5 per ounce, representing a gain of 0.36% over last week’s value.