16 April 2016 Market Review

Last week was a good week for all the world’s major markets, making some nice gains.  The price of Oil continued to strengthen as well.

The FTSE closed at 6343.8 for a tidy gain of 2.3%.  The Dax was up a solid 4.5% on the week with a close of 10052.  The CAC was also up big with a close of 4495.2, to gain 4.5% on the week.

The Dow closed the week at 17897 to be up 1.8%.  The Nasdaq Composite Index was also up 1.8% for the week with a close of 4938.2.

The Nikkei 225 closed at 16848 for the week with a whopping gain of 6.5%.

The Sterling enjoyed the best trading this week from the major currencies.  The Dollar lost against the Sterling 0.76% with closing the week at $1.4213.  The Dollar however gained against the Euro by closing at $1.1292 for a gain of 0.99% for the week.  The Dollar also gained against the Yen to the tune of 0.37% for the week with a close of 108.8.

The Euro lost versus the Yen to the amount of 0.77% for the week, with a close of 122.8.  The Euro also lost versus the Sterling with a close of 1.2587, to be down 1.8% on the week.

The Euro gained against the CHF 0.42% for the week with a close of 1.0921.

Brent Crude rose a decent 2.8% for the week with a close of $43.10 per barrel.  Gold lost a little bit this week with a close of $1234.2 per ounce, to the amount of 0.43% for the week.