🔴 LIVE: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

Mixed Directions On Markets

Published 07/11/2014, 10:55
EUR/USD
-
UK100
-
FCHI
-
DJI
-
DE40
-
LCO
-
IMOEX
-
IXIC
-

Yesterday world financial markets closed without a common trend again. European indices went up due to reports that the ECB kept the key interest rate at 0.05% and announced that it would launch its quantitative easing mechanism in case of a deteriorating outlook for eurozone economic growth. Thus, the British FTSE 100 grew 0.18 percent up to 6,551.15 points, the German DAX 30 advanced 0.66 percent up to 9,377.41 points, and the French CAC 40 gained 0.46 percent making 4,227.68 points.

There was no common direction on the Russian floor – the RTS index plunged 3.53 percent down to 1,017.28 points whereas the MICEX index grew 0.15 percent up to 1,497.46 points.

In the USA, the Dow Jones Industrial Average gained 0.4 percent going up to 17,554.47 points, the NASDAQ Composite grew 0.38 percent up to 4,638.47 points, and the S&P BMI added 0.38 percent as well, reaching 2,031.21 points.

On Thursday, the NYMEX price quotations for December WTI oil futures dropped by $0.77 and closed at $77.91 a barrel. On London’s ICE, the December future for Brent oil went down by $0.09 and made $82.86 a barrel.

The dollar quickly got stronger in light of the mid-term election results in the USA – Republicans won the elections while Democrats lost a considerable number of their posts.

On the Forex market, EUR/USD hit a new low falling below 1.24. The next support level should be 1.22.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.