Daily market analysis by NordFX

[Julia NordFX]

Markets Went Up on Tuesday

Yesterday world financial markets closed mainly on the rise, with the exception of European floors – the British FTSE 100 fell 0.49 percent down to 6,590.69 points, the German DAX 30 shed 0.21 percent down to 9,490.79 points, and the French CAC 40 dropped 0.25 percent down to 4,424.83 points.

In Russia, the MICEX index grew 0.42 percent up to 1,352.30 points, and the RTS index advanced 0.41 percent up to 1,195.70 points.

In the USA, the Dow Jones grew 0.06 percent up to 16,256.14 points, the NASDAQ Composite gained 0.81 percent up to 4,112.99 points while the S&P 500 BMI picked up 0.38 percent reaching 1,851.96 points.

On the world’s commodity market, the price of May futures for the North Sea petroleum mix of mark Brent Crude Oil rose by $1.85 and stopped at 107.67 a barrel. The price of May futures for light WTI oil went up by $2.12 finishing the day at $102.56 a barrel.

On the global Forex market, EUR/USD still did not manage to get over 1.3675, which is the pair’s slanting support. The euro went up again and is now aiming to overcome the 1.3820 resistance level.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Indices Closed with Slump

Last Friday world financial markets finished with a slump. In Europe, the British FTSE 100 fell 1.21 percent down to 6,561.70 points, the German DAX dropped 1.47 percent down to 9,315.29 points whereas the French CAC 40 grew 1.08 percent up to 4,365.86 points.

In Russia, the MICEX index shed 0.39 percent going down to 1,362.40 point while the RTS index fell 0.77 percent down to 1,204 points.

In the United States, the Dow Jones index dropped 0.89 percent down to 16,026.75 points, the S&P 500 shed 0.95 percent down to 1,815.69 points, and the NASDAQ slumped 1.34 percent reaching 3,999.73 points.

The NYMEX price of May futures for WTI oil rose by $0.34 and made $103.74 a barrel. On London’s ICE, the price of Brent oil futures for May delivery went down by $0.13 and made $107.33 a barrel.

On Forex, EUR/USD started with a big gap today. Traditionally, the pair should cover the gap during the week.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Stock Markets Closed in Green Zone

Yesterday world financial markets closed predominantly on the rise. As such, In Europe the British FTSE 100 grew 0.34 percent up to 6,583.76 points, the German DAX 30 gained 0.26 percent reaching 9,339.17 points, and the French CAC 40 advanced 0.43 percent up to 4,384.56 points.

On the Russian floor, on the contrary, the MICEX index fell 1.29 percent down to 1,344.86 points while the RTS index slumped 2 percent down to 1,179.97 points.

In the USA, the Dow Jones grew 0.91 percent up to 16,173.24 points, the NASDAQ picked up 0.57 percent getting up to 4,022.69 points, and the S&P 500 BMI advanced 0.82 percent up to 1,830.61 percent.

The price of May futures for the North Sea petroleum mix of mark Brent Crude oil rose by $1.74, up to $109.07 a barrel. The price of May futures for light WTI oil went up by $0.31 making $104.05 a barrel.

On the Forex market, EUR/USD finished trading with a drop.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed in Red Zone

Yesterday the world’s financial markets finished mainly with a decline. In particular, European floors posted such trading results on closing – Britain’s FTSE 100 fell 0.64 percent stopping at 6,541.61 points, Germany’s DAX 30 slumped 1.77 percent finishing the day at 9,173.71 points, and France’s CAC 40 shed 0.89 percent down to 4,345.35 points.

In Russia, the MICEX index dropped 2.52 percent down to 1,311.01 points while the RTS index plunged 3.14 percent getting to 1,142.96 points.

In the USA, the Dow Jones advanced 0.55 percent up to 16,262.56 points, the S&P 500 grew 0.68 percent up to 1,842.98 points, and the NASDAQ gained 0.29 percent going up to 4,034.16 points.

The price of May futures for the North Sea petroleum mix of mark Brent Crude Oil went down by $0.33, making $108.74 a barrel. The price of May futures for light WTI oil lowered by $0.30, down to $103.75 a barrel.

On the Forex market, EUR/USD is near 1.3820 at this time. The gap hasn’t been covered yet.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Positive Rates on Closing

Yesterday world financial markets closed on the up. As such, in Europe the British FTSE 100 grew 0.65 percent up to 6,584.17 points, the German DAX 30 advanced 1.57 percent up to 9,317.82 points, and the French CAC 40 picked up 1.39 percent 4,405.66 points.

In Russia, the MICEX index grew 0.9 percent up to 1,322.60 points and the RTS index – 1.1 percent up to 1,154.31 points.

In the United States, the Dow Jones gained 1 percent making 16,424.85 points, the S&P 500 grew 1.05 percent up to 1,862.31 points, and the NASDAQ advanced 1.29 percent up to 4,086.23 points.

The NYMEX price of May WTI oil futures rose by $0.01 and reached $103.76 a barrel. On London’s ICE, the June future for Brent oil went up by $0.24 and made $109.60 a barrel.

On the Forex market, EUR/USD closed with a token rise. Today the pair is moving up towards the gap.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

“Holiday” Friday

Last Friday European and American markets were closed. The Russian market posted a rise. The day before, in London, the British FTSE 100 grew 0.6 percent up to 6,625.25 points while the German DAX 30 advanced 1 percent up to 9,409.71 points, and the French CAC 40 gained 0.6 percent reaching 4,431.80 points.

On Friday, Russia’s MICEX index grew 2.02 percent up to 1,356.54 points and the RTS index – 2.35 percent up to 1,200.22 points.

On Thursday, in the United States, the Dow Jones fell 0.1 percent down to 16,408.54 points whereas the NASDAQ Composite gained 0.23 percent up to 4,095.52 points, and the S&P 500 BMI grew 0.14 percent up to 1,864.85 points.

The ICE price of Brent oil went down by $0.07 and made $109.53 a barrel. The NYMEX price of Light Sweet oil rose by $0.54 and reached $104.30 a barrel.

On the Forex market, EUR/USD hasn’t been able yet to cover the gap from last Monday.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Mixed Closing on Markets

Yesterday the world’s financial markets finished mixed. As such, on the Russian floor, the MICEX index fell 0.85 percent down to 1,345.04 points and the RTS index – 1.02 percent down to 1,187.94 points.

In the United States, the Dow Jones gained 0.25 percent going up to 16,449.25 points, the NASDAQ Composite grew 0.64 percent up to 4,121.55 points, and the S&P 500 BMI advanced 0.38 percent closing at 1,871.89 points.

On the world commodity market, the price of June futures for the North Sea petroleum mix of mark Brent Crude Oil went down by $0.42, making $109.65 a barrel. The price of May futures for light WTI oil rose by $0.07, up to $104.37 a barrel.

On the global currency market, EUR/USD is going down. Its target is 1.3760. The gap closure has been put on hold – the pair may just as well stay below the gap throughout April.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Finished Trading Mixed

Yesterday world financial markets closed variedly – there was a hike in Europe and the USA, with adjustments after missed Friday trading, whereas Russian indices went down.

European floors posted the following results – the British FTSE 100 grew 0.85 percent up to 6,681.76 points, the German DAX 30 advanced 2.02 percent up to 9,600.09 points, and the French CAC 40 gained 1.18 percent making 4,484.21 points.

In Russia, the MICEX index shed 0.7 percent down to 1,335.62 points while the RTS index grew 0.77 percent up to 1,178.81 points.

In the USA, the Dow Jones picked up 0.4 percent reaching 16,514.24 points, the NASDAQ advanced 0.97 percent up to 4,161.46 points, and the S&P 500 BMI grew 0.41 percent closing at 1,879.56 points.

On the global oil market, the NYMEX price of May WTI oil futures went down by $0.2 making $102.13 a barrel while the price of the June future was at $101.75 a barrel. On London’s ICE, the price of Brent oil futures for June delivery dropped by $0.68 and made $109.27 a barrel.

On Forex, EUR/USD is still holding near 1.3820.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed in Red Zone

Yesterday world financial markets closed mainly with a slump. As such, in Europe the British FTSE 100 fell 0.12 percent down to 6,674.74 points, the German DAX 30 shed 0.58 percent down to 9,544.19 points, and the French CAC 40 dropped 0.74 percent down to 4,451.08 points.

On the Russian floor, the MICEX index fell 0.49 percent down to 1,329.11 points while the RTS index shed 0.58 percent closing at 1,171.99 points.

In the USA, the Dow Jones dropped 0.08 percent reaching 16,501.65 points, the S&P fell 0.22 percent down to 1,875.39 points, and the NASDAQ was down by 0.83 percent stopping at 4,126.97.

On the global commodity market, on the ICE Futures Europe the price of Brent oil went down by $0.16 and made $109.11 a barrel. The NYMEX price of WTI oil lowered by $0.31 and got down to $101.44 a barrel.

On Forex, EUR/USD is still at the same level. The pair is trying to go up, which is evident from the long daily candlestick shadows, but it’s hindered by the external background. Investors start selling the euro towards the end of the day. Today quite a large block of macroeconomic data will be released – that can serve as an impetus for the pair.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed in the Red Zone

Last Friday world financial markets finished trading mainly with a slump. As such, in Europe, the British FTSE 100 fell 0.36 percent down to 6,814.57 points, the French CAC 40 dropped 0.66 percent down to 4,477.28 points, and the German DAX shed 0.27 percent going down to 9,581.45 points.

The US stock market became the exception – the Dow Jones grew 0.20 percent up to 16,583.34 points, the S&P 500 picked up 0.15 percent making 1,878.48 points, and the NASDAQ advanced 0.50 percent up to 4,071.87 points.

On the global commodity market, the IСE Futures Europe saw the price of Brent oil lower by $0.15, down to $107.89 a barrel. The NYMEX price of WTI oil fell $0.27 and reached $99.99 a barrel.

On the Forex market, EUR/USD also went down sharply. Now the pair is the support level of 1.3760. However, 1.37 can be considered as a more solid support level.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Up, Euro Down

Yesterday world financial markets closed predominantly with a rise of major indices. European indices finished trading as follows – Britain’s FTSE grew 0.55 percent up to 6,851.75 points, Germany’s DAX 30 advanced 1.26 percent up to 9,702.46 points, and France’s CAC 40 added 0.37 percent going up to 4,493.65 points.

The Russian MICEX index grew 0.28 percent up to 1,375.31 points and the RTS index – 0.12 percent up to 1,234.31 points.

In the United States, the Dow Jones gained 0.68 percent making 16,695.47 points, the S&P 500 grew 0.97 percent up to 1,896.65 points, and the NASDAQ picked up 1.77 percent reaching 4,143.86 points.

Yesterday the world’s commodity exchanges saw oil prices hike up. As such, the ICE price of Brent oil rose by $0.52, up to $108.41 a barrel. The NYMEX price of Light Sweet oil went up by $0.6 making $100.59 a barrel.

On Forex, EUR/USD keeps moving towards 1.37.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Dollar Rising Again

On Tuesday, the world’s financial markets closed on the up for the most part. As such, in Europe, the British FTSE gained 0.31 percent making 6,873.08 points, the German DAX 30 grew 0.54 percent up to 9,754.43 points, and the French CAC 40 advanced 0.25 percent up to 4,505.02 points.


On the Russian market, the MICEX index grew 0.73 percent up to 1,385.29 points while the RTS index finished trading with a 1.62 percent rise up to 1,254.29 points.

In the USA, the S&P 500 BMI added 0.04 percent going up to 1,897.45 points, the Dow Jones advanced 0.12 percent up to 16,715.44 points whereas the NASDAQ fell 0.33 percent down to 4,130.17 points.

There was a hike of oil prices on world commodity exchanges – the ICE price of Brent oil went up by $0.83 up to $109.24 a barrel while the NYMEX price of Light Sweet oil increased by $1.11 making $101.70 a barrel.

On the Forex market, EUR/USD has reached 1.37. Now a correction may happen.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Mixed Closing on Markets

Yesterday world financial markets closed mixed. In particular, in Europe, the British FTSE grew 0.08 percent and reached 6,878.49 points, the German DAX 30 didn’t change much and made 9,754.39 points whereas the French CAC 40 fell 0.09 percent down to 4,501.04 points.

On the Russian floor, the MICEX index advanced 0.28 percent up to 1,389.11 points, and the RTS index grew 0.54 percent up to 1,261.01 points.

In the USA, the Dow Jones gained 0.12 percent reaching 16,715.44 points, the NASDAQ Composite dropped 0.33 percent down to 4,130.17 while the S&P 500 BMI grew 0.04 percent up to 1,897.45 points.

The NYMEX official price of WTI oil rose by $0.67, up to $102.37 a barrel. On the ICE Futures Europe, the official price of Brent oil went up by $0.95 and made $110.19 a barrel.

On the Forex market, EUR/USD is still at the 1.37 support level.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Finished in Red Zone

Yesterday the world’s financial markets closed with a slump. In Europe, the British FTSE 100 fell 0.55 percent, the German DAX dropped 1.01 percent, and the French CAC 40 went down by 1.25 percent.

In Russia, the MICEX index fell 0.51 percent down to 1,382 points and the RTS index – 0.64 percent down to 1,253 points.

In the United States, the Dow Jones slumped 1.01 percent down to 16,446.81 points, the S&P shed 0.94 percent down to 1,870.85 points, and the NASDAQ fell 0.76 percent stopping at 4,069.29 points.

The NYMEX price of the June WTI oil future went down by $0.87 making $101.50 a barrel. On London’s ICE, the price of the Brent oil future for June delivery rose by $0.25 and closed at $110.44 a barrel.

The EUR/USD pair is at the same level so far.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

No Common Trend for Indices

At the beginning of the trading week, the world’s financial markets closed mixed. As such, in Europe, the British FTSE fell 0.16 percent down to 6,844.55 points, the German DAX 30 grew 0.31 percent up to 9,659.39 points, and the French CAC 40 advanced 0.30 percent up 4,469.76 points.

In the United States, the Dow Jones gained 0.12 percent up to 16,511.86 points, the NASDAQ Composite grew 0.86 percent up to 4,125.81 points, and the S&P 500 BMI added 0.38 percent reaching 1,885.08 points.

On the oil market, the price of Brent oil at the IСE Futures Europe went down by $0.38 and made $109.37 a barrel. The NYMEX price of WTI Light Sweet oil rose by $0.59 and got to $102.61 a barrel.

On Forex, EUR/USD is still holding at the 1.37 support level. Nonetheless, judging by the moods, the pair will go down soon. In this case, its target will be 1.3580.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed in the Green Zone

Yesterday world financial markets closed mainly on the rise. European stock exchanges finished trading as follows – the British FTSE grew 0.28 percent up to 6,821.04 points, the German DAX 30 advanced 0.61 percent up to 9,697.87 points, and the French CAC 40 gained 0.37 percent reaching 4,469.03 points.

In Russia, the MICEX index grew 0.84 percent up to 1,437.55 points and the RTS index – 1.31 percent up to 1,315.60 points.

In the USA, on the contrary, the S&P 500 BMI fell 0.65 percent down to 1,872.83 points, the Dow Jones Industrial Average shed 0.83 percent down to 16,374.31 points, and the NASDAQ dropped 0.7 percent making 4,096.89 by the end of the day.

The NYMEX price quotations of June WTI oil futures rose by $1.74 a barrel making $104.07. On London’s ICE, the price of Brent oil futures for July delivery went up by $0.86 and reached $110.55 a barrel.

On Forex, EUR/USD keeps moving towards 1.3580. Now the pair is held back by the intermediate level of 1.37. However, considering the current moods, this rate won’t stand for long.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed in Green Zone

Yesterday world financial markets closed mainly on the rise. As such, in Europe, Britain’s FTSE shed 0.07 percent down to 6,815.75 points, Germany’s DAX 30 advanced 1.77 percent up to 9,892.82 points, and France’s CAC 40 grew 0.75 percent up to 4,526.93 points.

In Russia, the MICEX index added 0.72 percent reaching 1,449 points while the RTS index grew 0.69 percent and made 1,336 points.

In the USA, the S&P 500 gained 0.42 percent going up to 1,900.53 points, the Dow Jones Industrial Average grew 0.38 percent up to 16,606.27 points, and the NASDAQ advanced 0.76 percent up to 4,185.81 points.

On the oil market, the NYMEX price quotations of WTI oil futures for July rose by $0.06, up to $104.41 a barrel. On London’s ICE, the price of Brent oil futures for July delivery went up by $0.31 and made $110.63 a barrel.

On Forex, the situation remains the same – EUR/USD keeps moving towards 1.3580 confidently.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Mixed Closing Again

Yesterday world financial markets closed mixed again. As such, in Europe, the British FTSE 100 fell 0.4 percent down to 6,836.30 points, the German DAX 30 shed 0.3 percent down to 9,919.74 points, and the French CAC 40 dropped 0.3 percent as well going down to 4,503.69 points.

In Russia, the MICEX index grew 0.57 percent up to 1,472.83 points and the RTS index – 0.11 percent up to 1,324.03 points.

In the United States, the S&P 500 BMI shed 0.04 percent making 1,924.24 points, the Dow Jones Industrial Average fell 0.13 percent down to 16,722.34 points, and the NASDAQ Composite was down by 0.07 percent reaching 4,234.08 points.

The NYMEX price quotations of July WTI oil futures rose by $0.19, up to $102.66 a barrel. On London’s ICE, the price of Brent oil futures for July delivery went down by $0.01 and made $108.82 a barrel.

On Forex, EUR/USD is still holding near 1.3580.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

No Common Trend Yet

Once again, markets closed mixed in anticipation of the ECB meeting to take place today. Yesterday European stock indices finished trading as follows: the British FTSE 100 fell 0.26 percent down to 6,818.63 points, the German DAX 30 gained 0.07 percent up to 9,926.67 points while the French CAC 40 shed 0.06 percent down to 4,501 points.

In Russia, the MICEX index grew 0.20 percent up to 1,475.79 points and the RTS index – 0.06 percent up to 1,324.87 points.

American stock indices wrapped up the day at the following rates: the Dow Jones grew 0.09 percent up to 16,737.53 points, the S&P 500 advanced 0.19 percent up to 1,927.88 points, and the NASDAQ picked up 0.41 percent reaching 4,251.64 points.

The NYMEX official price of WTI oil went down by $0.02 and made $102.64 a barrel. On the ICE Futures Europe, the official price of Brent oil dropped by $0.42 and reached $108.40 a barrel.

On the Forex market, the situation with EUR/USD remains unchanged so far.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Euro Rose after ECB Announcements

On Thursday, the world’s financial markets closed in a varied manner. Yesterday the ECB told it had lowered its key interest rate to a new minimum and introduced a negative deposit interest rate. With that, during the press conference ECB President Mario Draghi announced substantial measures to ease the money policy.

Nonetheless, in Europe, the British FTSE 100 fell 0.08 percent down to 6,813.49 points, the German DAX 30 grew 0.21 percent up to 9,947.83 points, and the French CAC 40 advanced 1.06 percent up to 4,548.73 points.

On the Russian floor, the MICEX index shed 0.34 percent down to 1,470.70 points whereas the RTS index grew 0.68 percent up to 1,333.86 points.

In the USA, the Dow Jones Industrial Average gained 0.59 percent going up to 16,836.11 points, the NASDAQ advanced 1.05 percent and reached 4,296.23 points while the S&P 500 BMI grew 0.65 percent up to 1,940.46 points.

On the commodities market, the NYMEX price quotations of July WTI oil futures went down by $0.16 getting to $102.48 a barrel. On London’s ICE, the July Brent oil future went up by $0.39 and made $108.79 a barrel.

The ECB President’s announcements led to a sharp hike of the EUR/USD pair on the global Forex market. However, the pair first managed to get over 1.3580 and then sharply went up to 1.3660. Now EUR/USD still has a chance to rise to 1.37.

Anna Gorenkova
NordFX Analyst