Last week was a positive affair for the world’s major stock markets with all of the major markets making ground.
In Europe over the course of the week, the FTSE was up on last week’s close by 0.58% at 76661.9; the Dax ended at 12541, 0.36% up on last week’s close; the CAC was up by 0.99% to end the session at 5429.2.
The Dow ended the week up by 2.3% to close at 25019. The Nasdaq composite index was up by 1.8% over the course of the week at 7826.
The Nikkei 225 ended the week’s trading up by 3.7% to end the session at 22597.
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 $1.3216 to the Pound, a rise of 0.36% on the week. The Greenback was stronger against the Euro last week gaining 0.59% to close at $1.1670 to the Euro. The Dollar strengthened against the Japanese currency closing at 112.4 Yen to the Dollar, making a gain of 1.7% during the week.
The Euro was stronger against the Yen ending at 131.2, a gain of 1.2% over the course of the week. It lost ground against Sterling last week falling by 0.24%, the close saw one £ buying €1.1325.
The Euro now buys 1.1702 CHF, up by 0.68% on the week.
Commodities market review
On the commodities market, the price for Brent crude ended at $75.33 per barrel, a fall of 2.3% over the course of the week’s trading. The value of gold fell last week closing at $1239.6 per ounce, a loss of 1.2% on the week.