9 July 2016 Market Review

The world’s major markets had mixed trading this week.

The FTSE closed at 6590.6 to be up 0.19%% for the week.  The Dax was down 1.5% for the week by ending at 9629.7.  The CAC closed the week at 4190.7 to be down 2%.

The Dow closed the week at 18147 to be up 1.1%.  The Nasdaq Composite Index closed the week at 4956.8, to be up 1.9%.

The Nikkei 225 ended the week at 15107 to be down 3.7%.

The Yen enjoyed the best week of trading among the major currencies.  The Dollar gained against the Sterling 2.5% for the week by closing at $1.2952. […] Read more

2 July 2016 Market Review

With the reverberations from Brexit continuing to come through the pipeline, the markets acted as though the first reaction was an over-reaction.  Time will only tell if that is correct or not.

The FTSE closed at 6577.8 to be up 7.2% for the week.  The Dax was up 2.3% for the week by ending at 9776.1.  The CAC closed the week at 4274 to be up 4.1%.

The Dow closed the week at 17949 to be up 3.2%.  The Nasdaq Composite Index closed the week at 4862.5, to be up 3.3%.

The Nikkei 225 ended the week at 15682 to be up 4.9%.

The […] Read more

25 June 2016 Market Review

Brexit wrecked havoc on the markets last week, to no one’s surprise.  Since it wasn’t expected to actually happen, the markets hadn’t priced the effect of the outcome, so they adjusted accordingly.  Since it is almost the end of June, we will be summarizing the month as well as the 2nd quarter.

The FTSE closed the week at 6138.7 to be down 1.9% on the week, down 1.1% for June and slightly down 0.12% over Q2.  The Dax was down 0.77% for the week by closing at 9557.2, was down 5.4% for June and for the quarter was down 2.4%.  The […] Read more

18 June 2016 Market Review

“Brexit” again was the major catalyst for the financial markets losing ground again this week.

The FTSE closed the week at 6021.9 to be down 1.5%.  The Dax slid this week 2.1% with a close of 9631.4.  The CAC closed the week at 4193.8 to be down 2.6%.

The Dow ended the week at 17675 to be down 1.1%.  The Nasdaq Composite Index closed the week at 4800.3 to be down 1.9%.

The Nikkei 225 closed the week at 15600 to be down a huge 6%.

The Yen had the best trading week among the major currencies owing to the fact that it is […] Read more

11 June 2016 Market Review

“Brexit” has loomed large over the major stock markets of the world, making most of them lose ground for the week.

The FTSE closed at 6115.8 to be down 1.5% for the week.  The Dax was down 2.7% for the week with the close of 9834.6.  The CAC closed the weekly session at 4306.7 to lose 2.6%.

The Dow was up slightly with a close of 17865 to be up 0.33% on the week.  The Nasdaq Composite Index closed the week at 4894.6 to be down 0.97%.

The Nikkei 225 closed the week at 16601 to be down 0.25%.

The Dollar had the best […] Read more