The Last Week’s Trading Activities In Perspective

By: DailyForex

Last week was a mixed affair for the world’s major stock markets. In this summary, we also look at how markets and currencies fared over Q1.

In Europe over the course of the week, the FTSE was up on last week’s close by 1.8% at 7183.6, slipping by 8.6% in Q1; the Dax ended at 12241, 1.3% up on last week’s close but falling by 9.3% on the quarter; the CAC was up by 1.8% to end the session at 5258.2, falling by 5.6% in Q1.

The Dow ended the week down by 0.71% to close at 23933, falling by 4.7% over the quarter. The Nasdaq composite index was down by 2.1% over the course of the week at 6915.1, slipping by 1% in Q1.

The Nikkei 225 ended the week’s trading up by 0.53% to end the session at 21568, but it fell by 9.5% over Q1.

On the currency markets last week, Sterling enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.4092 to the Pound, a loss of 0.48% on the week and a fall of 3.4% in Q1. The Greenback strengthened against the Euro last week by 0.33% to close at $1.2276 to the Euro, but ending the quarter down by 2.3%. The Dollar strengthened against the Japanese currency closing at 107.1 Yen to the Dollar, making a gain of 0.8% during the week but a loss of 7% over the first quarter.

The Euro was stronger against the Yen ending at 131.4, a gain of 0.47% over the course of the week but it weakened by 4% over the quarter. It lost ground against Sterling last week falling by 0.81%, the close saw one £ buying €1.1479, Sterling gained 1.1% in Q1.

The Euro now buys 1.1788 CHF, a rise of 0.35% on the week and 0.07% over the quarter.

On the commodities market, the price for Brent crude ended at

$67.11 per barrel, a fall of 3.2% over the course of the week’s trading, but a gain of 2.5% over Q1. The value of gold rose last week closing at $1332.2 per ounce, a gain of 0.54% on the week and a gain of 0.42% over the quarter.

Dr. Mike Campbell is a British scientist and freelance writer. Mike got his doctorate in Ghent, Belgium and has worked in Belgium, France, Monaco and Austria since leaving the UK. As a writer, he specialises in business, science, medicine and environmental subjects.