15 October 2016 Market Review
It was a mixed trading week for the world’s major markets again.
The FTSE fell to 7013.6 on the close of the week to be down 0.44%. The Dax was up 0.85% for the week by closing at 10580. The CAC rose to 4470.9 to be up 0.47% on the week.
The Dow closed the week at 18138 to be down 0.56%. The Nasdaq composite index finished the week at 5252.6 to be down 0.77%.
The Nikkei 225 was flat for the week with a close of 16856.
The Dollar enjoyed the best week of trading among the major currencies. The Dollar gained against the Sterling a solid 1.9% this week with a close of $1.2190. The Dollar also gained against the Euro by closing at $1.1097 to be up 1.7%. The Dollar also rebounded against the Yen with a gain of 0.77% for the week by closing at 104.2.
The Euro fell versus the Yen 0.95% for the week with a close of 114.3. The Euro did gain against the Sterling by closing at 1.1111 to be up 0.2% on the week. The Euro fell against the CHF 0.69% with a close of 1.086 for the week.
Brent crude gained very slightly at a clip of 0.04% for the week by closing at $51.95 per barrel. Gold was flat over the week with a close of $1248.9 per ounce.