Daily market analysis by NordFX

[Julia NordFX]

Overall Rise

On the last day of the previous trading week, the world’s financial markets closed mainly with a rise of major indices, which, in turn, posted their new highs. The hike of indices was greatly influenced by the increase of US non-farm employment figures as well as by the fall of the US jobless rate.

Trading in Europe resulted in Britain’s FTSE 100 growing 0.66 percent up to 6,858.21 points, Germany’s DAX 30 advancing 0.40 percent up to 9,987.19 points and France’s CAC 40 going up by 0.71 percent to 4,581.12 points.

On the Russian floor, the MICEX index grew 0.97 percent up to 1,484.94 points and the RTS index – 1.89 percent up to 1,359.10 points.

In the USA, the Dow Jones Industrial Average advanced 0.52 percent making 16,924.28 points, the NASDAQ Composite gained 0.59 percent reaching 4,331.40 points, and the S&P 500 BMI grew 0.46 percent up to 1,949.44 points.

The NYMEX price quotations of WTI oil futures for July rose by $0.18, up to $102.66 a barrel. On London’s ICE, the July Brent oil future went down by $0.18 and made $108.61 a barrel.

On the Forex market, EUR/USD keeps moving up towards 1.37.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed Mixed

Yesterday world financial markets closed in a varied manner. As such, in Europe, the German DAX fell 0.29 percent down to 9,883.98 points, the British FTSE 100 dropped 0.34 percent down to 6,754.64 points, and the French CAC 40 shed 0.73 percent getting to 4,510.05 points.

On the Russian floor, the MICEX index fell 0.48 percent down to 1,493.93 points whereas the RTS index grew 0.08 percent up to 1,357.80 points.

In the United States, the Dow Jones gained 0.03 percent making 16,781.01 points, the S&P 500 picked up 0.08 percent reaching 1,937.78 points, and the NASDAQ advanced 0.24 percent stopping at 4,321.11 points.

The NYMEX price of WTI oil went down by $0.01 and made $106.90 a barrel. On the ICE Futures Europe, the price of Brent oil rose by $0.48 and reached $112.94 a barrel.

On Forex, EUR/USD closed on the rise yesterday. The pair is at 1.3580 currently.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Waiting for Federal Reserve Meeting Outcomes

On Tuesday, stock markets closed mixed again. With that, European stock indices finished trading on the rise – Germany’s DAX grew 0.37 percent up to 9,920.32 points, Britain’s FTSE 100 gained 0.18 percent making 6,766.77 points, and France’s CAC 40 advanced 0.58 percent up to 4,536.07 points.

In Russia, the MICEX index fell 0.51 percent down to 1,486.38 points and the RTS index – 1.05 percent down to 1,343.50 points.

In the USA, the Dow Jones Industrial Average grew 0.16 percent up to 16,808.49 points, the NASDAQ advanced 0.37 percent up to 4,337.23 points, and the S&P 500 BMI picked up 0.22 percent reaching 1,941.99 points.

The NYMEX price of WTI oil for July dropped by $0.54 and stopped at $106.36 a barrel. On London’s ICE, the price of Brent oil futures for August delivery rose by $0.51 and made $113.45 a barrel.

On Forex, EUR/USD hasn’t been able to get above 1.3580 yet. Today the Federal Reserve Chief’s speech and a decision on the key interest rate will be published. Their content may define the pair’s further trend. However, judging from the technical picture, it will be much easier for EUR/USD to go down.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Green Light

Yesterday world financial markets closed mainly on the up. As such, European floors finished trading at following rates: the British FTSE 100 grew 0.17 percent up to 6,778.56 points, the German DAX gained 0.1 percent up to 9,930.33 points while the French CAC 40 fell 0.13 percent down to 4,530.37 points.

In Russia, the MICEX index grew 0.51 percent up to 1,494.28 points, and the RTS index advanced 1.42 percent 1,362.55 points.

On America’s trading floors, the Dow Jones added 0.58 percent closing the day at 16,906.62 points, the S&P 500 grew 0.77 percent up to 1,956.98 points, and the NASDAQ advanced 0.59 percent up to 4,362.84 points.

On the IСE Futures Europe, the price of Brent oil rose by $0.81 and made $114.26 a barrel. The NYMEX price of WTI oil went down by $0.39 and reached $105.97 a barrel.

On the Forex market, EUR/USD closed upwards, above 1.3580. Still, it may easily go down.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Had No Common Trend Again

Last Friday world financial markets closed mixed. European floors finished trading mainly with a slump: the British FTSE 100 grew 0.25 percent up to 6,825.20 points, the French CAC 40 fell 0.48 percent down to 4,541.34 points, and the German DAX shed 0.17 percent down to 9,987.24 points.

Russia’s MICEX index dropped 0.59 percent down to 1,486.30 points while the RTS index fell 0.93 percent down to 1,358.73 points.

In the United States, the Dow Jones Industrial Average grew 0.15 percent up to 16,947.08 points, the NASDAQ advanced 0.2 percent up to 4,368.04 points, and the S&P 500 BMI added 0.17 percent getting to 1,962.87 points.

The NYMEX price of WTI oil for July rose by $0.83 and stopped at $107.26 a barrel. On London’s ICE, the price of Brent oil futures for August delivery went down by $0.25 and reached $114.81 a barrel.

On the Forex market, EUR/USD is still holding at 1.3580.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Once Again Mixed Changes on Markets

Yesterday world financial markets closed in a varied way again. Both European macroeconomic data and the situation in Iraq had a say in that. Europe’s trading floors finished the day with a slump – the British FTSE 100 fell 0.36 percent down to 6,800.56 points, the German DAX dropped 0.66 percent down to 9,920.92 points, and the French CAC 40 shed 0.57 percent reaching 4,515.57 points.

The Russian MICEX index didn’t alter and made 1,486.30 points whereas the RTS index advanced 0.76 percent up to 1,369.10 points.

In the USA, the Dow Jones Industrial Average fell 0.06 percent down to 16,937 points, the NASDAQ shed 0.01 percent down to 4,368 points, and the S&P 500 BMI went down by 0.1 percent to 1,962 points.

On the IСE Futures Europe, the price of Brent oil lowered by $0.69 and made $114.12 a barrel. The NYMEX price of WTI oil went down by $0.66 and reached $106.17 a barrel.

On the Forex market, EUR/USD is staying at the same level so far.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Correction Continues

Yesterday the world’s financial markets closed mixed. As such, in Europe, the British FTSE 100 fell 0.20 percent down to 6,787.07 points, the German DAX grew 0.17 percent up to 9,938.08 points, and the French CAC 40 added 0.06 percent reaching 4,518.34 points.

In Russia, the MICEX index advanced 2.15 percent up to 1,518.25 points and the RTS index – 3.61 percent up to 1,418.51 points.

In the United States, the Dow Jones Industrial Average fell 0.7 percent down to 16,818.13 points, the NASDAQ shed 0.42 percent down to 4,350.35 points, and the S&P 500 BMI dropped 0.64 percent getting to 1,949.98 points.

The NYMEX price of WTI Light Sweet oil went down by $0.14 and made $106.03 a barrel. On the ICE Futures Europe, the price of Brent oil rose by $0.34 and reached $114.46 a barrel.

On the Forex market, EUR/USD is holding at the same level and experiencing a further correction.

Anna Gorenkova

NordFX Analyst

 

[Julia NordFX]

Mixed Finish Again

Yesterday world financial markets ended trading mixed once again. In particular, in Europe, the British FTSE 100 fell 0.79 percent down to 6,733.62 points, the German DAX dropped 0.71 percent down to 9,867.75 points, and the French CAC 40 slumped 1.28 percent and stopped at 4,460.60 points.

On the Russian floor, the MICEX index fell 2.43 percent down to 1,481.95 points and the RTS index – 2.68 percent down to 1,383.02 points.

In the USA, on the contrary, the Dow Jones grew 0.29 percent up to 16,867.51 points, the NASDAQ Composite advanced 0.68 percent up to 4,379.76 points, and the S&P 500 gained 0.4 percent up to 1,959.53 points.

The NYMEX quotations of WTI oil futures for August rose by $0.47 reaching $106.50 a barrel. On London’s ICE, the price of Brent oil futures for August delivery got lower by $0.46 and made $114 a barrel.

On the Forex market, EUR/USD went up a little. The pair may continue its correction to about 1.37 where the medium- and long-term daily MA’s overlap.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Last Friday Markets Closed Mixed

The last day of the previous trading week ended with varied index changes. As such, in Europe, the British FTSE 100 grew 0.38 percent up to 6,760.72 points, the German DAX gained 0.12 percent up to 9,816.84 points while the French CAC 40 fell 0.07 percent down to 4,436.54 points.

In Russia, the MICEX index advanced 0.28 percent up to 1,477.32 points and the RTS index – 0.17 percent up to 1,379.75 points.

In the United States, the Dow Jones added 0.03 percent reaching 16,851.84 points, the S&P 500 grew 0.19 percent up to 1,960.96 points, and the NASDAQ advanced 0.43 percent stopping at 4,397.93 points.

On the oil market, the NYMEX price of WTI oil futures for August went down by $0.10 making $106.74 a barrel. On London’s ICE, the price of Brent oil futures for August delivery rose by $0.09, up to $113.30 a barrel.

On the global Forex market, EUR/USD continues its upward correction. The door is open for the pair to move to 1.37.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

No New Developments

Yesterday world financial markets closed mixed once again. In Europe, in particular, Britain’s FTSE 100 fell 0.32 percent getting down to 6,743.94 points, Germany’s DAX grew 0.18 percent up to 9,833.07 points while France’s CAC 40 shed 0.32 percent down to 4,422.84 points.

On Russia’s stock market, the MICEX index dropped 0.06 percent down to 1,476.38 points and the RTS index – 0.99 percent down to 1,366.08 points.

In the USA, the Dow Jones fell на 0.15 percent down to 16,826.60 points, the NASDAQ advanced 0.23 percent up to 4,408.18 points whereas the S&P 500 shed 0.04 percent reaching 1,960.23 points.

On London’s ICE, the price of Brent oil went down by $0.94 making $112.36 a barrel. The NYMEX price of WTI oil for August delivery got lower by $0.37 making $105.37 a barrel.

On Forex, EUR/USD has reached the level mentioned earlier. Now the pair is stuck against the medium- and long-term daily MA’s. Its further growth prospects aren’t very clear now.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed without Common Trend

Yesterday the world’s financial markets finished trading mixed. As such, in Europe, the British FTSE 100 grew 0.2 percent up to 6,816.37 points, the German DAX gained 0.09 percent up to 9,911.27 points whereas the French CAC 40 fell 0.37 percent down to 4,444.72 points.

In Russia, the MICEX index advanced 2.12 percent and made 1,514.30 points while the RTS index grew 2.08 percent up to the 1,390.50 mark.

In the USA, the Dow Jones added 0.12 percent reaching 16,976.24 points, the NADAQ Composite shed 0.02 percent down to 4,457.73 points but the S&P 500 BMI grew 0.07 percent up to 1,974.62 points.

The NYMEX price of August futures for WTI oil rose by $0.14, up to $104.02 a barrel. In London, the price of Brent oil futures went down by $0.10 making $110.91 a barrel.

On Forex, EUR/USD couldn’t get over the medium- and long-term MA’s. The pair needs more serious preconditions for further growth.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Slump on Markets

Yesterday world financial markets closed mainly with a slump. As such, in Europe, the German DAX fell 1.03 percent down to 9,906.07 points, the British FTSE 100 dropped 0.62 percent down to 6,823.51 points while the French CAC 40 shed 1.41 percent and stopped at 4,405.76 points.

In Russia, the MICEX index grew 1.73 percent up to 1,515.40 points, and the RTS index advanced 1.95 percent stopping at 1,387.01 points.

In the United States, the Dow Jones fell 0.26 percent down to 17,024.21 points, the S&P 500 shed 0.39 percent down to 1,977.65 points, and the NASDAQ slumped 0.77 percent down to 4,451.53 points.

The NYMEX price of WTI oil went down by $0.53 and made $103.53 a barrel. On the IСE Futures Europe, the price of Brent oil got lower by $0.76 and reached $110.24 a barrel.

On the Forex market, EUR/USD is at 1.3580 as it couldn’t yet move upwards to get over 1.37. At this point, there’re no signals for opening positions – the pair is at a quite ‘inconvenient’ spot for now.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Stock Indices Finished Mixed

Yesterday world financial markets closed mixed. In Europe, in particular, the British FTSE 100 fell 0.3 percent down to 6,718.04 points, the German DAX grew 0.36 percent up to 9,808.20 points while the French CAC 40 advanced 0.4 percent and stopped at 4,359.84 points.

In Russia, the MICEX index fell 0.22 percent down to 1,513.40 points whereas the RTS index added 0.73 percent settling at 1,403.72 points.

In the United States, the Dow Jones gained 0.47 percent going up to 16,985.61 points, the S&P 500 grew 0.46 percent up to 1,972.83 points, and the NASDAQ advanced 0.63 percent up to 4,419.03 points.

The NYMEX price of WTI oil went down by $1.11 and made $102.29 a barrel. On the ICE Futures Europe, the cost of Brent oil got lower by $0.66 and reached $108.28 a barrel.

On Forex, EUR/USD is still at the rate where it’s not advisable to enter the market.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Varied Closing on Friday

On the last day of the previous trading week, the world’s financial markets closed mixed once again. For instance, in Europe, the British FTSE 100 grew 0.27 percent up to 6,690.17 points, Germany’s DAX gained 0.07 percent up to 9,666.34 points, and France’s CAC 40 advanced 0.35 percent up to 4,316.50 points.

On the Russian trading floor, the MICEX index grew 0.33 ending up at 1,499.82 points whereas the RTS index fell 0.04 percent down to 1,383.18 points.

In the USA, the Dow Jones advanced 0.17 percent up to 16,943.81 points, the S&P 500 gained 0.15 percent up to 1,967.57 points, and the NASDAQ added 0.44 percent going up to 4,415.49 points.

The NYMEX price of WTI oil went down by $2.10 and made $100.83 a barrel. On the IСE Futures Europe, the price of Brent oil dropped by $2.01 and reached $106.66 a barrel.

There’re no new developments on the Forex market.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Green Light Almost on All Markets

Yesterday the world’s financial markets closed mainly on the rise, with the exception of Russia’s stock market.

Trading in Europe resulted in the following rates: Britain’s FTSE 100 grew 0.84 percent up to 6,746.14 points, Germany’s DAX advanced 1.21 percent up to 9,783.01 points, and France’s CAC 40 gained 0.78 percent and stopped at 4,350.04 points.

As for Russia, the MICEX index fell 1.09 percent down to 1,483.41 points while the RTS index shed 1.54 percent finishing the day at 1,361.89 points.

In the USA, the Dow Jones Industrial Average grew 0.66 percent up to 17,055.42 points, the Standard & Poor's 500 gained 0.48 percent up to 1,977.10 points, and the NASDAQ Composite added 0.57 percent stopping at 4,440.42 points.

On the New York Mercantile Exchange (NYMEX), the price of WTI oil rose by $0.08 and made $100.91 a barrel. On the ICE Futures Europe, the cost of Brent oil went up by $0.32 reaching $106.98 a barrel.

On the Forex market, the situation remains the same – EUR/USD is making no headway.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Overall Slump Yesterday

On Tuesday world financial markets closed predominantly with a slump of major indices. As such, in Europe, the British FTSE 100 fell 0.53 percent down to 6,710.45 points, Germany’s DAX shed 0.65 percent down to 9,719.41 points, and the French CAC 40 dropped 1.03 percent down to 4,305.31 points.

The Russian MICEX index fell 0.52 percent down to 1,475.77 points and the RTS index – 0.72 percent stopping at 1,352.15 points.

In the USA, the Dow Jones Industrial Average grew 0.03 percent up to 17,060.68 points, the Standard & Poor's 500 gained 0.19 percent going up to 1,973.28 points, and the NASDAQ Composite advanced 0.54 percent settling at 4,416.39 points.

On the NYMEX, WTI oil went down by $1.45 and made $99.46 a barrel. On the IСE Futures Europe, the price of Brent oil dropped by $2.05 reaching $104.93 a barrel. These are the lowest prices for the past few months.

On Forex, EUR/USD also went down considerably – it finished the day below a support around 1.3580, and the fall continues today. The pair may go down to 1.35 today.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

European Indices Rising Sharply

Yesterday world financial markets closed mixed. With that, European floors finished trading with a considerable rise: Britain’s FTSE 100 grew 1.11 percent and made 6,784.67 points, France’s CAC 40 added 1.48 percent and stopped at 4,369.06 points while Germany’s DAX adanced 1.44 percent up to 9,859.27 points.

In Russia, the MICEX index fell 0.07 percent down to 1,474.72 points, and the RTS index dropped 0.12 percent down to 1,350.52 points.

In the USA, the Dow Jones grew 0.45 percent up to 17,138.20 points, the S&P 500 gained 0.42 percent up to 1,981.57 points, and the NASDAQ advanced 0.22 percent closing at 4,425.97 points.

The NYMEX price of WTI oil rose by $1.24 and reached $101.20 a barrel. On the ICE Futures Europe, the price of Brent oil went down by $0.17 and made $105.85 a barrel.

At the same time on Forex, the euro keeps going down against the dollar. Yesterday the pair stopped just a bit short of 1.35.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Another Big Slump

Yesterday world financial markets closed with a slump against the backdrop of a Malaysia Airlines passenger jet crashing on Ukraine’s territory.

Europe finished the trading session as follows – Britain’s FTSE 100 fell 0.68 percent down to 6,738.32 points, Germany’s DAX dropped 1.07 percent down to 9,753.88 points, and France’s CAC 40 shed 1.21 percent getting to 4,316.12 points.

In Russia, the MICEX index fell 2.31 percent down to 1,440.63 points while the RTS index plunged 3.81 percent and stopped only at 1,299.03 points.

In the USA, the Dow Jones Industrial Average fell 0.9 percent down to 16,976.81 points, the S&P 500 shed 1.2 percent down to 1,958.12 points, and the NASDAQ Composite dropped 1.4 percent down to 4,363.45 points.

The NYMEX price of WTI oil rose by $1.99 and made $103.19 a barrel. On the IСE Futures Europe, the price of Brent oil went up by $0.72 and reached $107.89 a barrel.

On the global currency market, EUR/USD is still holding around 1.35.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

No Common Direction on Markets

Last Friday the world’s financial markets closed mixed. European indices finished the day as follows: Britain’s FTSE 100 grew 0.17 percent up to 6,749.45 points, Germany’s DAX fell 0.35 percent down to 9,720.02 points whereas France’s CAC 40 advanced 0.44 percent up to 4,335.31 points.

In Russia, in light of the unstable situation in Ukraine, the MICEX index dropped 1.26 percent and made 1,422.53 points while the RTS index shed 1.75 percent down to 1,276.28 points.

In the USA, the Dow Jones grew 0.73 percent finishing trading at 17,100.18 points, the S&P 500 gained 1.03 percent up to 1,978.22 points, and the NASDAQ advanced 1.57 percent up to 4,432.15 points.

On the NYMEX, the price of the WTI oil future for August went down by $0.06 reaching $103.19 a barrel. On London’s ICE, the price of the Brent oil future for September delivery got lower by $0.65 and made $107.24 a barrel.

On the Forex market, EUR/USD reached 1.35 and is now trading near this rate.

Anna Gorenkova
NordFX Analyst

 

[Julia NordFX]

Markets Closed Mixed

On Monday world financial markets closed mixed once again. As such, in Europe the British FTSE 100 grew 0.52 percent up to 5,404.30 points, the French CAC 40 advanced 0.65 percent up to 4,327.14 points, and the German DAX gained 0.66 percent going up to 6,424.84 points.

Russian indices keep going down in light of the deteriorating attitude to Russia on the world stage: the MICEX index fell 2.67 percent down to 1,384.50 points and the RTS index – 2.91 percent down to 1,239.13 points.

In the USA, the Dow Jones shed 0.28 percent down to 17,051.73 points, the S&P 500 dropped 0.23 percent down to 1,973.63 points, and the NASDAQ fell 0.17 percent getting to 4,424.70 points.

On the global oil market, the NYMEX price of August WTI oil futures rose by $1.46 stopping at $104.59 a barrel while the September contract made $101.95 a barrel. On London’s ICE, the September Brent oil future went up by $0.44 and reached $107.68 a barrel.

The situation on Forex remains unchanged for now.

Anna Gorenkova
NordFX Analyst