Last week marked the final trading session for June and Q2, this piece reports last week’s and the quarterly changes. Last week was a positive affair for the world’s major markets with only the Nikkei slipping.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.52% at 7350.9, it slipped by 0.5% in Q2; the Dax ended at 12389, u by 0.52% on last week’s close and making 0.82% on the quarter; the CAC was up by 0.48% to end the session at 5145.16, it fell by 0.28% over the course of the quarter.
The Dow ended the week up by 0.3% to close at 21413; it made 3.4% in Q2. The Nasdaq composite index was up by 0.21% over the course of the week at 6153.1, gaining 4.5% over the quarter.
The Nikkei 225 ended the week’s trading down by 0.52% to end the session at 19929 but it made 7.3% in Q2.
Currency markets review
On the currency markets last week the Dollar enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.2879 to the Pound, a rise of 1.1% on the week but a fall of 5.1% in Q2. The Greenback strengthened against the Euro last week by 0.29% to close at $1.1396 to the Euro; it fell by 7.7% over the quarter. The Dollar strengthened against the Japanese currency closing at 114.1 Yen to the Dollar, making a gain of 1.5% during the week and 1.5% in Q2.
The Euro was stronger against the Yen ending at 130, a rise of 1.2% over the course of the week and 9.3% over the quarter. It made ground against Sterling last week, rising by 0.85%; the close saw one £ buying €1.1302; it gained 2.4% in Q2.
The Euro now buys 1.099 CHF, a gain of 0.27% on the week and 2.6% on the quarter.
Commodities market review
On the commodities market, the price for Brent crude ended at $46.71 per barrel, a fall of 4.2% over the course of the week’s trading and a slip of 11.7% in Q2. The value of gold fell last week closing at $1208.6 per ounce, a loss of 2.5% on the week and 1.1% on the quarter.